Report: Less than 2% of El Salvador’s population holds cryptocurrency

Despite the Salvadoran government’s ongoing efforts to promote widespread local adoption of cryptocurrencies, approximately 109,175 people in El Salvador own cryptocurrencies such as Bitcoin, accounting for approximately 1.72% of the country’s population (6.36 million people), according to Triple-A. Additionally, El Salvador ranks 55th in the Global Cryptocurrency Adoption Index. Recently, El Salvador’s President Nayib Bukele announced that the country’s total Bitcoin investment has reached US$131 million. As of December 4, its net profit from Bitcoin investment was US$3.6 million, with a total return of 2.84%. (Cointelegraph) Previously, El Salvador launched a new visa-free program, which will provide 1,000 places each year. The specific content is: Those who invest 1 million US dollars in BTC or USDT can obtain a residence visa and citizenship. If 1,000 people successfully apply, the program will raise $1 billion for El Salvador.