The IMF is putting pressure on El Salvador over Bitcoin again! 🇸🇻

- At a press conference on October 3, the IMF called on El Salvador to review its Bitcoin policy and tighten regulation of digital assets.

- Julie Kozak of the IMF noted the need to limit the use of Bitcoin and strengthen oversight of its ecosystem.

- Since 2021, the IMF has regularly criticized El Salvador for legalizing Bitcoin, suggesting a return to traditional finance.

- The IMF is also actively promoting central bank digital currencies (CBDCs).