Techub News reported that according to The Block, the International Monetary Fund (IMF) said at a press conference on Thursday that the IMF is in continuous contact with the Salvadoran authorities. The IMF hopes to reach an agreement with El Salvador on a new IMF-supported project that focuses on strengthening public finances, increasing bank reserve buffers, improving governance and transparency, and policies to mitigate Bitcoin risks. The IMF hopes that El Salvador will limit the scope of Bitcoin use to address the risks posed by Bitcoin.