Such a great take! I truly hate cash remittances businesses… More like racket to me.
Do we have any idea of the volume of such transfers done in Bitcoin from abroad to El Salvador?
Posted using LeoFinance Mobile
Such a great take! I truly hate cash remittances businesses… More like racket to me.
Do we have any idea of the volume of such transfers done in Bitcoin from abroad to El Salvador?
Posted using LeoFinance Mobile
Up-to-date figures are hard to come by, but the Central Bank of El Salvador gave a figure for September 21 to April 22 of $96.3 million. Still a small percentage of the $5 billion plus annual remittances, but it's a good start.