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IMF approves $139M loan to El Salvador but urges cutback on Bitcoin project

Market News
02 Oct 2026
Bitcoin Magazine
View Source
Neutral
IMF approves $139M loan to El Salvador but urges cutback on Bitcoin project

The International Monetary Fund (IMF) approved a $139 million disbursement to El Salvador, praising its improved economic performance. However, the IMF also urged the country to reduce its involvement in Bitcoin-related activities, reflecting ongoing concerns about El Salvador's Bitcoin experiment since it made Bitcoin legal tender in 2021. The IMF noted that while economic activity has exceeded expectations, some performance criteria related to Bitcoin accumulation were not met, leading to waivers. Going forward, the IMF expects no further Bitcoin accumulation beyond documented donations as part of the loan agreement signed in late 2025.

The IMF's recent stance on El Salvador and Bitcoin is presented here with Pluang's cryptocurrency market data for context. For readers following major cryptocurrencies, 14 out of 50 rose while 35 fell. Notable moves include AAVE up 6.63%, CRV down 6.39%, and ATOM down 5.58%, as of Oct 03, 2026 05:02 WIB.

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