El Salvador only has 20 active Bitcoin Service Providers (BSPs)
According to Bitcoin.com News, records from the Central Reserve Bank of El Salvador show that only 20 out of the country's 181 registered Bitcoin Service Providers (BSPs) are actively operating, accounting for just 11%. This includes the official digital wallet Chivo, which is set to be dissolved according to an agreement reached between the government and the International Monetary Fund (IMF). Despite being one of the first countries to open its doors to bitcoin and cryptocurrency services, interest in these solutions has remained low among local residents.
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