News list for "According to El Salvador"
According to The Bitcoin Office of El Salvador, El Salvador currently has 6,009.18 bitcoins worth more than $591 million.
Salvadorans still prefer to use the US dollar as the basis for sending and receiving remittances, according to the latest Statistical Report on Household Remittances from the Central Reserve Bank of El Salvador. The report found that only 1.1% of all remittances sent to El Salvador included cryptocurrency, indicating that most were using other means. The report confirms that the amount of cryptocurrency remittances has been declining since Salvadorans received the digital currency 84.80 million ...
On August 5th, according to the official page of El Salvador, El Salvador is still insisting on the plan to buy 1 BTC per day. At present, its treasury holds 5832.76 bitcoins. With the recent decline of BTC, the value of its holdings fell to 308 million dollars, a decrease of 24.87% from the high point on May 21 (410 million dollars).
