IMF: The Salvadoran government has agreed at the policy level to no longer actively increase its BTC holdings

The International Monetary Fund (IMF) issued a statement saying that it will continue negotiations regarding El Salvador's Bitcoin project and the sale of the government electronic wallet Chivo, noting that the discussions "have made significant progress."

The IMF stated that the El Salvador government has agreed at the policy level to no longer actively increase its BTC holdings and is moving forward with the exit of the Chivo wallet. However, the official Bitcoin office of El Salvador currently claims to still be "buying 1 BTC daily" and stated on December 22 that its holdings have increased to 7,509 BTC. The IMF requires El Salvador to fully comply by the end of 2025 at the latest.