IMF Continues to Urge El Salvador to Strengthen Regulatory Framework and Oversight of Bitcoin

This is not the primary time IMF has warned El Salvador. Most lately, in August, the IMF said something similar when it declared in an announcement that “whereas lots of the dangers haven’t but materialized, there may be joint recognition that additional efforts are wanted to boost transparency and mitigate potential fiscal and monetary stability dangers from the Bitcoin undertaking.” At the moment, the IMF additionally stated that “extra discussions on this and different key areas stay vital.”