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Live News REGULATION ARTICLE M impact

El Salvador Halts Bitcoin Accumulation Under IMF Deal

El Salvador has agreed to stop further Bitcoin accumulation as part of a deal with the International Monetary Fund (IMF). This agreement was part of the IMF's second and third reviews, which authorized an immediate disbursement of approximately $138 million.

BTC

96 million, or about $138 million. The release followed a waiver for a missed Bitcoin accumulation performance criterion, while the El Salvador program states that no fu…