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Morning Edition · Saturday, October 3, 2026Published at 1:57 AM EDT · New York
IMF Releases $139 Million to El Salvador While Pressing It to Shrink Its Bitcoin Programme
A South African bank started custodying bitcoin for institutions the same week, and a Cornell survey of 25,880 people found the asset is used most where banking works least.
The International Monetary Fund approved a $139 million disbursement to El Salvador while again asking the government to scale back its bitcoin programme. The Fund commended the country's fiscal performance and maintained the position it ha…
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Adoption Follows Banking Failure, Not Speculation
Durable bitcoin and stablecoin usage keeps expanding fastest where conventional banking and payment access is weakest, drawing commercial banks in those markets into custody services even as multilateral lenders press governments to limit state exposure.
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