
IMF-El Salvador Deal Bitcoin Compliance Goals Broken: Chivo Wallet Involved
The latest report issued by the IMF on the compliance of El Salvador’s actions with the guidelines established in the $1.4 billion credit facility deal approved in February revealed that Chivo Wallet led the nation to miss the bitcoin non-accumulation quotas. Bitcoin Non-Accumulation Compliance Goals Missed: IMF Fingers Chivo Wallet El Salvador is facing one of the first issues regarding compliance with the voluntary non-accumulation bitcoin agreement that enabled a $1.4 billion credit facility deal with the International Monetary Fund (IMF). The latest IMF review on El Salvador’s performance regarding the measures recommended states that the Chivo Wallet, the official…








