← The Polylog Crypto Intelligence Brief
Morning Edition · Monday, June 29, 2026
El Salvador's Bitcoin Reserve Faces an Accounting Test Under IMF Conditions
The country's 7,696 coins must now remain auditable to a multilateral lender that has capped public-sector accumulation at zero.
El Salvador's national bitcoin reserve, which now stands at about 7,696 coins worth roughly $460 million, has become the subject of an accounting dispute with the International Monetary Fund (IMF). Under a $1.4 billion lending program, the…
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- Europe Tells Unlicensed Crypto Firms to Shut Down Before MiCA's Final Deadline
- Buterin Says Cryptographic Obfuscation Could Build a Trustless Third Party
- Privacy Chains Go to Market, and Split Over Who Holds the Off Switch
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- Hyperliquid Forces Its Builders Off Its Own Stablecoin and Onto USDC
- Spot Bitcoin Funds Post Their Worst Month as Buyers Turn Selective
- A US Ban on a Central Bank Digital Dollar Is Stuck on the President's Desk
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- Tether Trades at an 8.5% Premium in India as Enforcement Outpaces Legal Rails
- A New Paper Tries to Price Sybil Resistance, as Proof-of-Personhood Systems Get Hacked