Despite the pioneering move by El Salvador to adopt Bitcoin as legal tender, the majority of Salvadorans have not embraced ...
Bitcoin has struggled to gain significant traction in El Salvador as many locals fail to welcome its adoption of Bitcoin as ...
The International Monetary Fund stated that El Salvador needs to limit the scope of its Bitcoin Law in order to get funding.
Surveys repeatedly show that Salvadorans like their eccentric leader, President Nayib Bukele, for everything but Bitcoin.
According to a tweet on X from El Salvador's Nayib Bukele, “We’ve just accepted offers for debt repurchase totaling U.S. $940 ...
In the past, the IMF has been critical of El Salvador's bitcoin program, particularly its lack of transparency and potential ...
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.
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 ...
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 International Monetary Fund (IMF) has advised El Salvador to reform the country’s rules on Bitcoin (BTC) as an official ...
The IMF urges El Salvador to tighten its Bitcoin policies and enhance regulatory oversight to mitigate financial risks amid ...