IMF Injects $138 Million into El Salvador after Bitcoin Waivers Granted

El Salvador has received $138 million from the International Monetary Fund (IMF) after granting waivers related to its Bitcoin adoption.

The waiver, granted in June, allowed El Salvador to sidestep a condition that required it to strengthen its monetary policy framework before receiving IMF funding.

The move is seen as a significant boost for El Salvador's economy, which has been struggling with high inflation and a large fiscal deficit.