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.
Salvadorans haven’t warmed to their country’s adoption of Bitcoin as legal tender, with a recent survey finding that 92% ...
IMF has urged El Salvador to reduce its Bitcoin reliance. IMF also called for better regulatory oversight of the crypto ...
Despite the pioneering move by El Salvador to adopt Bitcoin as legal tender, the majority of Salvadorans have not embraced ...
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 ...
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 ...
Over 70% of Salvadorans surveyed live in urban areas; the majority aged between 30-49 years express economic concerns.
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 ...