<ul><li>El Salvador agreed to provide comprehensive data on its Bitcoin holdings and transactions to the International Monetary Fund (IMF) in exchange for a $1.4 billion bailout package.</li><li>The IMF's conditions aim to reduce risks related to Bitcoin, focusing on enhanced transparency and accountability in the government's BTC activities.</li><li>The government is required to report all hot and cold wallet addresses and corresponding BTC amounts owned or controlled by the Salvadoran public sector by specific deadlines.</li><li>El Salvador must adopt a new business plan to halt the use of public funds in the state-sponsored digital wallet, Chivo, and enact a comprehensive framework governing its Bitcoin and crypto assets by December 2025.</li></ul>

El Salvador’s Bitcoin Holdings Face IMF Regulation By End Of Year

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