According to TechFlow, on August 7, The Block reported that the International Monetary Fund (IMF) discussed with the Salvadoran government strategies to mitigate fiscal and financial stability risks associated with Bitcoin. The IMF said that it has made progress on policies such as strengthening public finances, increasing bank reserve buffers, and improving governance and transparency, and has put forward recommendations on the management of Bitcoin as legal tender.

The IMF stressed that although many risks have not yet emerged, both sides agreed that further efforts are needed to improve transparency and mitigate the fiscal and financial stability risks that Bitcoin projects may bring. The IMF team also stated that it will continue to work closely with the Salvadoran authorities to ensure long-term stability and prosperity.