Family remittances received through wallets cryptocurrencies in The Savior They had a drop of 19.1% last January compared to the same month in 2023, according to data from the Central Reserve Bank released this Wednesday.
Figures from the state financial entity indicate that remittances received in January 2024 reached US$ 6.77 million, compared to 8.37 million in January 2023.
The difference of these currencies transferred in digital wallets It was US$ 1.6 million less, equivalent to 19.1%, according to official data.
January income through cryptocurrency wallets represented only 1.13% of the total of US$ 594.14 million recorded in family remittances in general.
Throughout 2023, family remittances received through cryptocurrency wallets in El Salvador registered a 34.5% drop compared to 2022, going from US$ 126.72 million to US$ 82.93 million.
In September 2021, El Salvador became the first country in the world to adopt bitcoin as legal tender, along with the US dollar. However, 88% of the population did not use this crypto asset in 2023, according to a recent survey.
By 2022, the Salvadoran Government was expected to place bitcoin bonds, known as Volcano Bonds, for US$ 1,000 million to finance the construction of Bitcóin City in the east of the country, although said financial movement was not carried out, nor was the construction of the project. .
Source: Gestion
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