The International Monetary Fund (IMF) announced significant progress in discussions with El Salvador regarding its Bitcoin initiative and the sale of the government's Chivo wallet. The IMF stated that El Salvador has agreed not to actively increase its Bitcoin holdings and is moving forward with the Chivo wallet's phase-out. However, El Salvador's official Bitcoin office reported ongoing daily purchases of 1 BTC, with holdings reaching 7,509 BTC as of December 22. The IMF has set a deadline for El Salvador to fully comply by the end of 2025.