El Salvador’s Bitcoin Law and Impact on Remittances

Name: El Salvador’s Bitcoin Law and Impact on Remittances
Uploaded: 2021-09-10T22:48:43Z
Duration: 6 min 363 s
Description: El Salvador’s new bitcoin wallets could cost money services providers like Western Union and MoneyGram $400 million a year in commissions for remittances, according to CNBC. “The Hash” panel discusses the potential impact of El Salvador’s bitcoin adoption on its remittance payments and the country’s wider economy.

Sep 10, 2021

El Salvador’s new bitcoin wallets could cost money services providers like Western Union and MoneyGram $400 million a year in commissions for remittances, according to CNBC.

Up Next

10:12

Bitcoin Mining Is About to Get Tougher With Difficulty Primed for Another Sharp Rise.

Oct 7, 2022

04:48

Celsius’ Crypto Customers Face New Challenge in Retrieving Deposits

Oct 6, 2022

Bitcoin Slips to $42K From Last Week's Yearly High; Ledger CEO on Future of Hardware Wallets

40:07

The last regression video of the year 3.67.0

Dec 12, 2023

Crypto Will See 'a Lot More Proactive Enforcement' Thanks to the Four Horsemen of the Cryptocalypse: Columnist

01:28

Video regression for 3.54.0 release [no, no]

Jun 16, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.