IMF Advances Negotiations on El Salvador’s Potential Sale of Chivo Bitcoin Wallet
The post IMF Advances Negotiations on El Salvador’s Potential Sale of Chivo Bitcoin Wallet appeared on BitcoinEthereumNews.com.
El Salvador’s government is advancing negotiations to sell its Chivo Bitcoin wallet amid IMF discussions, despite President Nayib Bukele’s insistence on continued Bitcoin purchases. This move follows a $1.4 billion loan agreement that requires halting new BTC acquisitions, signaling potential shifts in the nation’s cryptocurrency strategy. IMF confirms advanced talks for Chivo wallet sale as part of broader Bitcoin project reviews. El Salvador agreed to stop buying Bitcoin under a $1.4 billion IMF loan deal in May, confining public sector crypto involvement. The government holds 7,509 Bitcoin valued at approximately $659 million, with recent purchases reported despite the agreement. El Salvador Bitcoin IMF negotiations advance on Chivo wallet sale, challenging Bukele’s buy strategy. Discover impacts on $1.4B loan and crypto holdings. Stay informed on global finance shifts today. What Are the IMF Negotiations with El Salvador on Bitcoin? El Salvador Bitcoin IMF negotiations focus on the country’s Chivo e-wallet and broader cryptocurrency policies as part of a $1.4 billion loan agreement. The International Monetary Fund confirmed that discussions with El Salvador’s government are progressing, with negotiations for the sale of the government-operated Chivo Bitcoin wallet described as “well advanced.” This development comes amid ongoing reviews of El Salvador’s Bitcoin project, which includes winding down public sector involvement in crypto activities. The IMF’s statement highlights efforts to align the nation’s financial strategies with international lending conditions, ensuring fiscal stability while addressing risks associated with volatile assets like Bitcoin. Despite President Nayib Bukele’s claim that El Salvador’s government wouldn’t stop buying Bitcoin, the IMF said negotiations for the sale of its wallet were ”well advanced.” The International Monetary Fund’s mission chief for El Salvador issued a statement confirming that government authorities were proceeding with negotiations for the sale of the country’s Chivo Bitcoin wallet. In a Monday statement, the IMF said El…
Filed under: News - @ December 23, 2025 10:28 pm