El Salvador, the first country to adopt Bitcoin as legal tender in 2021, is facing challenges in obtaining further financial support from the International Monetary Fund (IMF).

Concerns have been raised by the IMF regarding the risks associated with Bitcoin, including potential threats to financial stability, consumer protection, and anti-money laundering efforts.

In response to these concerns, El Salvador has agreed to new clauses in the IMF loan agreement that limit the use of cryptocurrencies.

This change is occurring as the country seeks an additional liquidity injection of USD 1.4 billion, highlighting the pressures faced by its ambitious Bitcoin initiative.

This situation highlights the complexities and vulnerabilities of the world's largest experiment with cryptocurrency as a national currency.