IMF Warns El Salvador About Bitcoin! ⚠️

- The IMF has recommended that El Salvador tighten its Bitcoin law and strengthen the regulatory framework of the Bitcoin ecosystem.

- IMF spokesperson Julie Kozack said that the public sector's exposure to Bitcoin should be limited.

- El Salvador became the first country to accept Bitcoin as legal tender in September 2021.

- President Nayib Bukele said Bitcoin has a net positive impact on the country, but adoption has fallen short of expectations.

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