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<ul class="wp-block-list news-points">
 <li>IMF urges El Salvador to scale back Bitcoin use under $1.4B loan agreement.</li>
 <li>El Salvador balances Bitcoin adoption with fiscal reforms to boost financial health.</li>
 <li>Global crypto volatility pressures El Salvador’s cautious approach to Bitcoin strategy.</li>
</ul>
The International Monetary Fund (IMF) maintained its distance when asked about U.S. Bitcoin policies. IMF Spokesperson Julie Kozack declined to discuss President-elect Trump’s proposed U.S. Strategic Bitcoin Reserve.
Kozack stated the IMF will review such policies once they take effect. The organization has now struck a $1.4 billion <a href="https://www.bloomberg.com/news/articles/2024-12-18/imf-reaches-agreement-with-el-salvador-for-1-4-billion-loan" target="_blank" rel="noopener noreferrer nofollow">loan agreement</a> with El Salvador, the first country to make Bitcoin legal tender. This deal requires the nation to modify its <a href="https://coinedition.com/el-salvador-scales-back-bitcoin-adoption-under-imf-loan-terms/" rel="noopener noreferrer nofollow">Bitcoin strategy</a>.
<h2 class="wp-block-heading" id="h-el-salvador-s-imf-agreement-modifies-bitcoin-implementation">El Salvador’s IMF Agreement Modifies Bitcoin Implementation</h2>
The $1.4 billion IMF <a href="https://coinedition.com/imf-el-salvadors-bitcoin-adoption-risks-are-yet-to-materialize/" rel="noopener noreferrer nofollow">loan mandates</a> El Salvador to limit its Bitcoin initiatives. The IMF asked the country to make cryptocurrency use optional for private businesses, which reduced previous disagreements. These changes support broader financial reforms to improve the country’s debt-to-GDP ratio and economic stability.
El Salvador will also reduce operations of its <a href="https://chivowallet.com/" target="_blank" rel="noopener noreferrer nofollow">Chivo wallet…</a>
The post <a href="https://coinedition.com/el-salvador-trades-bitcoin-freedom-for-1-4b-imf-lifeline/" rel="noopener noreferrer nofollow">El Salvador Trades Bitcoin Freedom for $1.4B IMF Lifeline</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

El Salvador Trades Bitcoin Freedom for $1.4B IMF Lifeline

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