IMF Now Says Donations Funded El Salvador's Bitcoin Growth

The International Monetary Fund has recently clarified that El Salvador’s ongoing acquisition of Bitcoin was financed entirely through international donations rather than the nation's public treasury. This revelation comes amid long-standing concerns from global financial institutions regarding the Central American country's aggressive and unorthodox cryptocurrency adoption strategy. Under President Nayib Bukele, El Salvador became the first nation to make Bitcoin legal tender, sparking intense global debate and friction with lenders like the IMF. While this funding distinction alleviates fears of direct sovereign debt exposure, financial experts remain cautious about the long-term economic stability and transparency of the government's digital asset gamble.