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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

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Central Reserve Bank: Only 1.1% of Remittances Involve Cryptocurrency in El Salvador
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Source: Bitcoin.com

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 […]

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Author: Sergio Goschenko

Related posts:

  1. Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
  2. El Salvador Launches Treasury Holdings Site, Confirms Daily Bitcoin Purchases
  3. Financial Action Task Force of Latin America States Bitcoin Has Not Reached a ‘Significant Impact’ in El Salvador
  4. US Company Settles Salvadoran Coffee Purchase With Bitcoin
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