Asset management firm VanEck expressed optimism at El Salvador’s bold Bitcoin (CRYPTO: BTC) bet, terming it as a model of innovation for the emerging world.
What Happened: A report penned by Matthew Sigel, VanEck’s Head of Digital Assets Research, took stock of the Central American nation’s experience with Bitcoin and its positive impact.
The report highlighted that nearly 8% of Salvadorans have used Bitcoin for transactions by 2024, terming it a “meaningful step” forward for a country with traditionally low electronic payment adoption rates.
Sigel touched down on the country’s soaring Bitcoin reserves, which represented 1.6% …
Full story available on Benzinga.com
Asset management firm VanEck expressed optimism at El Salvador’s bold Bitcoin (CRYPTO: BTC) bet, terming it as a model of innovation for the emerging world.
What Happened: A report penned by Matthew Sigel, VanEck’s Head of Digital Assets Research, took stock of the Central American nation’s experience with Bitcoin and its positive impact.
The report highlighted that nearly 8% of Salvadorans have used Bitcoin for transactions by 2024, terming it a “meaningful step” forward for a country with traditionally low electronic payment adoption rates.
Sigel touched down on the country’s soaring Bitcoin reserves, which represented 1.6% …
Full story available on Benzinga.com
Asset management firm VanEck expressed optimism at El Salvador’s bold Bitcoin (CRYPTO: BTC) bet, terming it as a model of innovation for the emerging world.
What Happened: A report penned by Matthew Sigel, VanEck’s Head of Digital Assets Research, took stock of the Central American nation’s experience with Bitcoin and its positive impact.
How El Salvador Became Latin America’s Comeback Story: New VanEck Research https://t.co/mygU0TbTJs
— Nayib Bukele (@nayibbukele) November 25, 2024
The report highlighted that nearly 8% of Salvadorans have used Bitcoin for transactions by 2024, terming it a “meaningful step” forward for a country with traditionally low electronic payment adoption rates.
Sigel touched down on the country’s soaring Bitcoin reserves, which represented 1.6% …Full story available on Benzinga.com Read More$BTC, Cryptocurrency, El Salvador, Nayib Bukele, News, VanEck, Markets, $BTC, News, Cryptocurrency, Markets, Benzinga Markets
