Bitcoin Usage in El Salvador Down from Last Year, Crypto Remittances Drop by 18 Percent

El Salvador, that has been criticised by the IMF for legalising Bitcoin as a payment option, is reportedly witnessing a drop in the usage of the cryptocurrency. The economy of the central American nation, that depends largely on remittance incomes, has recorded a significant fall in BTC-based remittances. Data from the Salvadoran Central Reserve Bank … Read more

El Salvador Begins Granting Licences to Crypto Firms, Bitfinix Becomes First Beneficiary

Countries around the world, that are ready to give the crypto sector a fair chance, are beginning to take the licencing of crypto firms as a priority. El Salvador has become the latest nation to join the list of others that have been granting operational approvals to crypto firms wishing to set up shop within … Read more