IMF Approves $1.4 Billion Funding for El Salvador, With Bitcoin Limits

The IMF has approved a $1.4 billion loan package for El Salvador, but with strict conditions attached. The agreement comes after months of negotiations and signals a major shift in the country’s Bitcoin strategy. The deal includes halting government Bitcoin purchases and unwinding the Chivo wallet program by July 2025. This marks a significant turning point for how governments approach crypto policy.