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IMF waives El Salvador's Bitcoin rule breach, approves $138M payout amid strong economic performance.

Market News
02 Oct 2026, 13:30 WIB
Bitcoin
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IMF waives El Salvador's Bitcoin rule breach, approves $138M payout amid strong economic performance.

The IMF approved a $138 million disbursement to El Salvador despite the country breaching rules on Bitcoin accumulation under its $1.4 billion credit facility. The IMF praised El Salvador's strong economic performance and fiscal reforms, noting that the government transferred control of the Chivo wallet to a private operator as a corrective measure. Although El Salvador's Bitcoin reserves grew to 7,792 BTC through private donations, the IMF waived the breach due to the government's corrective actions and renewed commitments to reduce state involvement in Bitcoin activities. Going forward, the IMF expects no further Bitcoin accumulation beyond documented donations and increased transparency in public sector crypto holdings.

The IMF's decision on El Salvador's Bitcoin breach is presented here with market context from Pluang's cryptocurrency data. For readers following digital assets, 37 out of 50 major cryptocurrencies rose while 12 fell as of Oct 02, 2026 17:21 WIB. Notable price changes include MANA at Rp1.828 with a 14.54% increase, AAVE at Rp3.318.534 up 13.09%, and BAL at Rp16.297 rising 11.14%.

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