IMF Approves ~$138M for El Salvador With Bitcoin Waiver — No Further Buys Planned

The IMF approved approximately $138–139 million for El Salvador, granting a waiver for the country's earlier breach of limits on increasing Bitcoin holdings, per Reuters. The Fund said no further sovereign Bitcoin purchases are planned under the arrangement, and praised the economy's performance. The approval lands days after El Salvador launched Sivar, its stablecoin remittance app, while its existing Bitcoin reserve remains held.