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IMF Forces El Salvador to Dismantle Bitcoin Trust & Accept Stricter Oversight

  • The IMF has required El Salvador to dissolve the Fidebitcoin trust and disclose audited financial statements for both platforms.
  • The government of El Salvador must reveal public BTC holdings, including wallet details, and undergo compliance reviews.
  • The IMF loan agreement lacks clear provisions for funds allocation and monitoring.
  • Despite the requirements, El Salvador continues to add to its Bitcoin holdings.

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