Finance · El Salvador
—The stakes. El Salvador’s bitcoin experiment now operates inside an IMF programme that reversed compulsory acceptance while government-linked reserves keep growing.
—The date. Legal reforms took effect around May 1, 2025, and reserve data through mid-2026 show sustained unrealized gains.
—The IMF terms. A $1.4 billion, 40-month programme bars voluntary public-sector bitcoin accumulation and phases out the Chivo wallet by end-July 2025.
—The holdings. The Bitcoin Office reported holdings of 7,762 BTC in early September 2026, worth about US$620 million.
