Regulation· ★★★· neutral·

IMF report: El Salvador sold Chivo Wallet in May but announced later

  • —IMF report confirms Chivo Wallet transfer occurred in May
  • —Funds arrived before the public sale announcement
  • —El Salvador government did not disclose the deal on time
Why it matters: The delayed disclosure raises questions about transparency in El Salvador's crypto asset management and could affect confidence in the country.
Source: CriptoNoticias