Home Bitcoin Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador

Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador

by Katherine Dowd



Bitcoin Purchases Confined: IMF Approves Salvadoran $1.4 Billion Credit FacilityThe IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion Credit, Limits Salvadoran Bitcoin Purchases The International Monetary Fund (IMF) has finally greenlighted a […]



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