The International Monetary Fund pressures El Salvador to amend its Bitcoin regulatory framework

ChainCatcher news, at a press conference, the International Monetary Fund (IMF) once again urged El Salvador to scale back its Bitcoin policy and comprehensively reform the regulatory framework surrounding digital assets.

IMF Communications Director Julie Kozack did not specify the exact details behind the proposed regulatory adjustments, but provided the following statement: "What we are suggesting is to narrow the scope of the Bitcoin law, strengthen the regulatory framework and oversight of the Bitcoin ecosystem, and limit public sector exposure to Bitcoin."