IMF Grants Waiver on Bitcoin Breach, Approves $139M El Salvador Disbursement
The International Monetary Fund (IMF) has approved a $139 million disbursement to El Salvador after granting a waiver for the government's breach of a condition limiting further Bitcoin accumulation.
The IMF's board completed its second and third reviews under the nation's $1.4 billion Extended Fund Facility, allowing the immediate release of the funds.