<ul><li>The IMF has approved a $120 million payment to El Salvador after meeting key reform and fiscal targets.</li><li>IMF required El Salvador to stop new Bitcoin purchases and exit the Chivo wallet by July to limit state participation in Bitcoin activities.</li><li>El Salvador's Bitcoin holdings reached 6,190 BTC with an unrealized profit of $386 million, despite IMF's directive to halt increasing government-held Bitcoin.</li><li>IMF praised El Salvador's economic reform progress, citing meeting fiscal and reserve targets, advancing structural benchmarks, and ongoing fiscal consolidation measures.</li></ul>

IMF Approves $120M Payment to El Salvador with Bitcoin Holdings Restrictions

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