Remittances through cryptocurrency wallets to El Salvador are down 19.1%.State financial entity statistics indicate that remittances received reached 6.77 million dollars in January 2024, which was 8.37 million in January 2023. El Salvador's household remittances received through cryptocurrency wallets fell 19.1% last January compared to the 21st month of 2023, according to data from the Central Reserve Bank.
The difference in the currency transferred to digital wallets was 1.6 million dollars less than the equivalent of 19.1, according to official data. January earnings through currency wallets represented just 1.13% of the total household remittances recorded at 594.14 million.
And throughout 2023, household remittances received through Salvadoran cryptocurrency wallets fell by 34.5% compared to 2022, from 126.72 million to 82.93 million.
Information:
https://forbescentroamerica.com/2024/02/23/en-el-salvador-las-remesas-con-billeteras-de-criptomonedas-caen-un-191