When Bitcoin became legal tender in El Salvador, thousands of keen Salvadorans awaited to download the country’s government-furnished Bitcoin wallet, Chivo. However, within hours, it became clear that ...

El Salvador’s government-backed Bitcoin (BTC) wallet has reached significant success in terms of adoption, according to an exec at the cryptocurrency exchange behind the wallet. The Chivo wallet was ...

One of the architects of El Salvador's state-run Chivo crypto wallet has claimed the government should shut the app down. In an interview with the Spanish-language media outlet Criptonoticias, Arley ...

El Salvador payment app Chivo processed $52 million in remittances over the past six months, as expatriates make use of commission-free BTC transfers. Salvadorans living abroad hsent over $50 million ...

El Salvador will sell or discontinue its bitcoin (BTC-USD) wallet Chivo as part of a new deal with the International Monetary Fund, an official said on Thursday. For the public sector, participation ...

El Salvador is in the process of securing a $3.5 billion deal with the International Monetary Fund, but is making some concessions around bitcoin (BTC) to get the funding. Stacey Herbert, director of ...

Stephen has degrees in science (Physics major) and arts (English Literature and the History and Philosophy of Science), as well as a Graduate Diploma in Science Communication. Stephen has degrees in ...

When President Nayib Bukele promised that bitcoin would be accepted everywhere in El Salvador, it seemed like a glimpse into the future—a world where cryptocurrency would be woven into everyday life.

In December 2024, El Salvador reached a deal with the International Monetary Fund (IMF) to abandon Bitcoin’s status as legal ...

wallet Chivo said they still use it after obtaining the $30 bitcoin incentive dangled by President Nayib Bukele's government, according to a report published by the U.S. National Bureau of Economic ...

Bitcoin is struggling to gain traction in El Salvador -- the first country to accept it as legal tender -- after many Salvadorans stopped using the government’s Bitcoin wallet known as Chivo and only ...

THE SIGN AT El Salvador International Airport beckons like a message from the future. “Chivo,” it reads in slick blue script. Slang for “cool,” the word signals that Bitcoin are welcome at passport ...