Although the government of El Salvador There will be continued efforts to promote widespread adoption of cryptocurrencies within the country, but a recent CoinGecko report highlighted the limited number of crypto owners in the country.
The report was released on December 7.repeatthat El Salvador is the only country in the world that uses crypto as legal tender, however, a relatively small percentage of the population currently holds Bitcoin.
“Despite these progressive measures, Bitcoin adoption in El Salvador remains relatively low.”
followAccording to Triple-A, approximately 109,175 people own Bitcoin in El Salvador. The country has a population of 6.36 million people, or approximately 1.72%.
El Salvador is also ranked 55th in the global crypto adoption index. However, many countries, including those that have banned crypto, are experiencing a faster rate of growth.
“Roughly 4.08% of the total population in China (or 58 million people) currently own cryptocurrency.”
Meanwhile The Salvadoran government is also trying to encourage increased crypto investment within the country.
refer : cointelegraph.com
picture fortune.com
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