El Salvador, which adopted Bitcoin as a legal currency in 2021, is being urged by the IMF to reduce Bitcoin adoption efforts.IMF suggests narrowing the scope of the Bitcoin law, strengthening regulatory framework, and limiting public sector exposure to Bitcoin.El Salvador President Nayib Bukele has not responded to the IMF's comments, indicating his determination for Bitcoin adoption.BlackRock, a major financial firm, is advocating for Bitcoin adoption and highlighting the decline of the US dollar's purchasing power.