The International Boxing Association (IBA) will award Italy's Angela Carini, who lost her welterweight round-of-16 bout against Algerian Imane Khelif at the Paris Olympics in 46 seconds on Thursday, $50,000 in prize money, it said on Friday.

Carini pulled out in the first round after the Algerian, who is at the heart of a gender row, pummelled the Italian with a barrage of punches.

The IBA, which was stripped of its international recognition by the International Olympic Committee (IOC) last year, said Carini would receive $50,000, her federation a further $25,000 and her coach an additional $25,000.

"I do not understand why they killed women's boxing," IBA President Umar Kremlev said. "Only eligible athletes should compete in the ring for the sake of safety. I could not look at her tears."

Algeria's Khelif, and Taiwan double world champion Lin Yu-ting, were cleared to compete in Paris despite being disqualified at the 2023 World Championships after failing IBA eligibility rules that prevent athletes with male XY chromosomes competing in women's events.

The IOC last year stripped the IBA of its status as boxing's governing body over governance issues, and took charge of the Paris 2024 boxing competition itself, but now finds itself at the centre of a row over the pair's participation.

Welterweight Khelif next takes on Hungary's Luca Anna Hamori.

In an interview with Italian daily Gazetta dello Sport published on Friday, Carini said she did not mean to stir up such heated controversy.

“All this controversy certainly made me sad, and I also felt sorry for my opponent, she had nothing to do with it and like me was only here to fight,” she said.

“It was not intentional, in fact I apologise to her and to everyone. I was angry, because my Games had already gone up in smoke. I have nothing against Khelif and on the contrary if I happened to meet her again I would give her a hug.”