Tag: IMF

El Salvador and the IMF Advance Talks to Privatize the Chivo Bitcoin Wallet

By Emir Abyazov Key highlights: The International Monetary Fund confirmed that negotiations to sell El Salvador’s state-owned Chivo wallet are well advanced. Despite IMF conditions, President Nayib Bukele insists El Salvador will continue buying Bitcoin as part of its long-term strategy. The dispute highlights growing tension between international lenders and countries experimenting with cryptocurrency-based policies. […]