🇸🇻 An IMF mission to El Salvador issued a statement focused on supporting the country's medium-term growth, including policies to reduce risks associated with #Bitcoin .

"Progress has been made in negotiations for a Fund-supported program focusing on policies to strengthen public finances, bolster bank reserves, improve governance and transparency, and mitigate risks related to bitcoin."

These include proposals on the management of bitcoin as legal tender in the country and the approximately 5,750
BTC held by the government.

"On bitcoin, while many risks have yet to materialize, it is jointly recognized that further efforts are needed to improve transparency and mitigate potential fiscal and financial stability risks to the bitcoin project."

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