IMF: El Salvador used no public funds for bitcoin since June 2025

This clarification eases a key point of friction between the IMF and El Salvador, signaling that fiscal prudence around bitcoin is being maintained. It shifts the focus from sovereign risk to private-sector involvement, which may reassure institutions monitoring the country's debt profile. The open question is whether this arrangement remains sustainable if bitcoin's price dynamics change or if the government alters its acquisition stance, as that would directly impact future IMF relations.