Firmele de remitențe ezită să sprijine BTC în ciuda legii cursului legal din El Salvador

Despite El Salvador’s recently passed law mandating Bitcoin as legal tender, local remittance firms are reportedly hesitant to adopt BTC.

Vorbind la Reuters, Autonomous Research fintech analyst, Kenneth Suchoski, argued that remittance firms are unlikely to launch support for Bitcoin and other crypto assets until prompted to do so by customer demand, likely creating a stalemate for the local payments industry.

“For Western Union and some of the other remittance providers, keep in mind that most of the volume in the remittance industry is going from developed markets to emerging markets primarily to people — families and friends — that operate in cash,” he said.

Suchoski estimates that less than 1% of global cross-border remittances are conducted using crypto assets, adding:

“To the extent that bitcoin isn’t adopted and there’s not widespread acceptance, these remittance providers are still going to be relevant for the years to come.”

Global payments firm, MoneyGram International, also emphasized the challenge of navigating undeveloped infrastructure enabling ramps between crypto assets and local fiat currencies in emerging economies.

“We’ve built a bridge to connect bitcoin and other digital currencies to local fiat currency,” a MoneyGram representative told Reuters, adding:

„Pe măsură ce monedele criptografice și digitale cresc din ce în ce mai mult, un obstacol central în calea creșterii ulterioare îl constituie rampele de pornire / oprire către monedele locale fiat.”

Last month, MoneyGram revealed a partnership with Coinme to enable users to buy and sell crypto assets using USD at 12,000 retail locations across the United States.

Related: Adoptarea Bitcoin din El Salvador poate pune în pericol negocierile FMI: JPMorgan

Suchoski also emphasized the compliance burden of supporting crypto assets for payments firms, noting that Western Union’s annual compliance costs had nearly doubled from around $100 million to $200 million over roughly the past decade.

Source: https://cointelegraph.com/news/remittance-firms-hesitant-to-support-btc-despite-legal-tender-law-in-el-salvador