The U.S. Embassy in El Salvador stated that the nation's economic growth and reforms are boosting market confidence and attracting more foreign direct investment. President Nayib Bukele acknowledged the release of the funds on social media by quoting the announcement with a kissing face emoji.
Wednesday, October 21, 2026
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IMF Waives Bitcoin Breach to Disburse $138M to El Salvador
Global Markets19 days ago
San Salvador's recent accumulation of Bitcoin above its agreed limit did not block a new round of funding from the International Monetary Fund. The IMF Executive Board completed the second and third reviews of the country's Extended Fund Facility, authorizing an immediate payment of SDR 101.96 million, or about $138 million, after granting a waiver for the Bitcoin accumulation breach.
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