This
isn’t
the
first
time
IMF
has
warned
El
Salvador.
Most
recently,
in
August,
the
IMF
said
something
similar
when
it
declared
in
a
statement
that
“while
many
of
the
risks
have
not
yet
materialized,
there
is
joint
recognition
that
further
efforts
are
needed
to
enhance
transparency
and
mitigate
potential
fiscal
and
financial
stability
risks
from
the
Bitcoin
project.”
At
that
time,
the
IMF
also
said
that
“additional
discussions
in
this
and
other
key
areas
remain
necessary.”
In
fact,
the
back-and-forth
history
between
El
Salvador
and
the
IMF
over
bitcoin
goes
back
years.
In
November
2021,
the
IMF
said
that
bitcoin
should
not
be
used
as
legal
tender
in
El
Salvador
and
urged
the
Central
American
country
to
strengthen
the
regulation
and
supervision
of
that
ecosystem,
something
it
called
for
again
in
January
2022.
