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Market
Will El Salvador finalize the $1.3B IMF loan by December 31, 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the IMF or El Salvador's government websites
Story
El Salvador Agrees to Voluntary Bitcoin Acceptance for $1.3B IMF Deal
Dec 9, 2024, 12:35 PM
El Salvador is set to scale back its pioneering use of Bitcoin as legal tender in order to secure a $1.3 billion loan from the International Monetary Fund (IMF). The country expects to finalize the deal within the next two to three weeks by agreeing to make Bitcoin acceptance voluntary for businesses, instead of mandatory. This move is part of the conditions set by the IMF to unlock additional international lending for El Salvador.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Loan secured with Bitcoin policy change • 25%
Loan secured without Bitcoin policy change • 25%
Loan not secured • 25%
Negotiations ongoing • 25%