El Salvador used no public funds for Bitcoin, IMF says

El Salvador has provided documentation showing that its Bitcoin accumulation since June 27, 2025, came from private donations rather than public resources, according to the International Monetary Fund. Summary El Salvador documented that Bitcoin received after June 2025 came from private donations, IMF says. No public resources funded the documented accumulation, according to the IMF’s preliminary staff-level agreement announcement. El Salvador could access approximately $140 million after Executive Board approval and completing prior actions. Chivo’s majority ownership and operations moved privately, while government retained custody responsibilities and minority ownership. The IMF expects no additional Bitcoin accumulation beyond the private donations already documented by authorities. The disclosure appeared in a Sept. 3 IMF statement announcing a staff-level agreement covering the combined second and third reviews of the country’s Extended Fund Facility. The IMF said it also reached an understanding with Salvadoran authorities that no further Bitcoin accumulation beyond the documented donations is expected. The announcement does not identify the donors or specify the amount of ...