Bitcoin a dud in El Salvador, first country to make it legal tender
The government of President Nayib Bukele took this pioneering step in 2021, introducing bitcoin in circulation alongside the US dollar, which replaced the Salvadoran colon in 2001.
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The government of President Nayib Bukele took this pioneering step in 2021, introducing bitcoin in circulation alongside the US dollar, which replaced the Salvadoran colon in 2001.
Saudi Arabia and UAE are the two top contributors, followed by UK, EU and United States
Inflow 13.4% higher on yearly basis, Saudi Arabia remains biggest source of remittances in December
Members of Egypt’s cabinet, including Prime Minister Mostafa Madbouly, held a meeting on 9 January to explore exporting trained and skilled Egyptians for labour abroad. The meeting, also attended by the ministers of foreign affairs, higher education, education, emigration, and labour, was a follow-up to the topic previously discussed months earlier according to a cabinet
The country is estimated to have received a rise in remittances from overseas Vietnamese people in 2023, with Ho Chi Minh City taking the lead.