The adoption of cryptocurrency, especially Bitcoin, for remittances has failed to surge in El Salvador, even with the support of President Nayib Bukele’s administration. According to data provided by the Central Reserve Bank, only 1.1% of all remittances sent to the country from January to August 2024 include cryptocurrency. Report: Adoption for Remittances Reach Only […]
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Key TakeawaysBlackrock’s IBIT held 734,762 bitcoin worth $48 billion as of July 15, 2026.Coinbase Custody holds bitcoin for most spot ETFs, creating a single point of failure across...
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