Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador

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Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador

   Bitcoin (BTC) Chivo crypto Cryptocurrency el salvador Emerging Markets President Bukele Remittances    September 24, 2024  |  0

Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El SalvadorThe adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all remittances sent to the country from January to August 2024 include cryptocurrency. Report: Adoption for Remittances Reach Only […]  Read more »
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