Surveys repeatedly show that Salvadorans like their eccentric leader, President Nayib Bukele, for everything but Bitcoin.
The International Monetary Fund stated that El Salvador needs to limit the scope of its Bitcoin Law in order to get funding.
Despite the pioneering move by El Salvador to adopt Bitcoin as legal tender, the majority of Salvadorans have not embraced ...
Salvadorans haven’t warmed to their country’s adoption of Bitcoin as legal tender, with a recent survey finding that 92% ...
Only 7.5% of El Salvador citizens say they use Bitcoin (BTC) to make transactions, a new survey has discovered. Find out more ...
Over 70% of Salvadorans surveyed live in urban areas; the majority aged between 30-49 years express economic concerns.
In the past, the IMF has been critical of El Salvador's bitcoin program, particularly its lack of transparency and potential ...
Low Use of Bitcoin in El Salvador Despite Being Legal, New Survey Finds. A recent survey by Francisco Gavidia University in San Salvador revealed that only 7.5% of Salvadorans use ...
The IMF urges El Salvador to limit Bitcoin adoption, proposing tighter regulations and reducing public sector exposure to ...
El Salvador adopted Bitcoin to lower fees and improve financial inclusion, particularly for the unbanked population. Large businesses have embraced Bitcoin, while smaller firms and citizens are ...
The IMF urges El Salvador to reduce Bitcoin support as Bukele pushes ahead with Bitcoinization, despite the IMF’s softened stance.
The IMF urges El Salvador to tighten its Bitcoin policies and enhance regulatory oversight to mitigate financial risks amid ...