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El Salvador Switches Tech Providers — Chooses Alphapoint to Operate Chivo Bitcoin Wallet
2.2.2022
On February 2, 2022, the blockchain infrastructure provider Alphapoint has announced that the Salvadoran government has chosen the firm to operate the bitcoin wallet Chivo. The bitcoin wallet is the largest fintech application in the country and Alphapoint “supports the frontend and backend...
El Salvador Turns to the US-based AlphaPoint in Bid to Bolster its Chivo Bitcoin App
2.2.2022
The Salvadoran government is attempting to reboot its Chivo bitcoin (BTC) app and wallet – by teaming up with the USA-based crypto firm AlphaPoint.
In an official notice, the government wrote that the firm was now “providing technology for Chivo Wallet, the first national digital wallet in...
El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs
2.2.2022
Seeking a permanent solution for over 4 million BTC users, the government of El Salvador focuses on Chivo wallet’s stability and uptime, scalability and social impact
IMF Tells El Salvador: Costs of Making Bitcoin Legal Tender Exceed Potential Benefits
30.1.2022
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes the cryptocurrency legal tender, exceed the potential benefits. The IMF has also urged El Salvador to dissolve the “Fidebitcoin” trust fund and start...
IMF Urges El Salvador to Drop Bitcoin Tender Law, Executive Board Report criticizes BTC Bonds, Chivo Wallet
25.1.2022
The International Monetary Fund (IMF) has been very critical of cryptocurrencies and according to a report on Tuesday, the IMF’s board has “urged” El Salvador to discontinue its bitcoin tender status. A few members of the IMF’s board said the country’s decision...
Lidem v Salvadoru mizí bitcoiny z oficiální vládní mobilní peněženky Chivo
30.12.2021
Už od září se Salvador stal první zemí, kde se bitcoin stal oficiální národní měnou, byť je stále možné používat i dolar. Při uvedení bitcoinu na trh vláda využila partnerství a oficiální peněženkou pro bitcoiny se stala Chivo, na kterou mohli lidé i zdarma dostat 30 dolarů v bitcoinech pro větší
Some Salvadorans claim funds are missing from their Chivo wallets
27.12.2021
“No tech support and only useless calls, where is my money," said Luis Guardado in a direct appeal to El Salvador President Nayib Bukele
US ‘Could Hit El Salvador’s Chivo Bitcoin Wallet with Sanctions,’ Claims NGO
13.12.2021
The United States could impose sanctions on El Salvador’s Chivo bitcoin (BTC) wallet, the human rights organization Cristosal has speculated.
Tensions between Washington and San Salvador are continuing to deteriorate with relations between the American President Joe Biden and the El Salvador...
El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers
19.10.2021
Users of the Salvadoran government’s Chivo wallet will not be able to see frozen price quotes until the feature has been removed to deter arbitrage scalpers
El Salvador Bitcoin ‘Scalpers’ Force App Turnaround as Chivo Criticism Continues
19.10.2021
The government of El Salvador has come under scrutiny again for its Chivo bitcoin (BTC) app and wallet – after its operators temporarily froze price viewing on Chivo to stave off “scalpers.”
In a series of tweets on Monday, the official Chivo Twitter account explained:
“We had to temporarily...
Buoyant Bukele Blasts Critics as Bitcoin Price Booms and Salvadorans Buy BTC
7.10.2021
gh the Chivo platform per day, and that bitcoin buys were on the march.As BTC prices edged toward the USD 55,000 mark, he also took the time to hit out at his critics in the media and in the political world, many of whom had been at their most vocal in the days following the adoption of the b
Salvadoran President Nayib Bukele Says Citizens Paying for Gas With the Chivo Wallet Will Get a Discount
3.10.2021
The Salvadoran president, Nayib Bukele revealed on Friday that Chivo wallet users will be able to get a discount on petroleum fill-ups at the largest gas stations in the country. Chivo wallet users paying for fuel will save $0.20 per gallon using the government’s crypto wallet. Salvadoran...
El Salvador Gov’t to Mitigate Against Fuel Price Crisis – Using its Bitcoin App
30.9.2021
rators had negotiated a deal with two fuel distribution companies, meaning that Chivo users could receive a discount worth USD 0.20 per gallon at petrol stations across the nation.Bukele wrote that the “state-owned company Chivo” had “negotiated with the largest gas station companies in the c
A third of Salvadorans ‘actively’ using Chivo wallet, President Bukele claims
26.9.2021
On Sept. 6, El Salvador became the first country to adopt BTC as legal tender, attracting both praise and criticism from the global community
A Rocky Start for Bukele’s Bitcoin Law — El Salvador After Adoption
25.9.2021
The adoption of bitcoin as legal tender in El Salvador has been one of the biggest events in the cryptocurrency world this year. However, Nayib Bukele, president of the country, has taken a course of action many consider mistaken. In any case, the Bitcoin Law has put Bitcoin in the global spotlight...
What Are Salvadorans Doing with their USD 30 Bitcoin Giveaways?
24.9.2021
p>ElSalvador.com, the website of the El Diario de Hoy newspaper identified five ways Salvadorans have been attempting to make instant use of their B
El Salvador Buys More Bitcoin — Country Now Holds 700 BTC
20.9.2021
El Salvador, the country that made bitcoin legal tender alongside the U.S. dollar, has purchased more bitcoin. The Salvadoran government now holds 700 coins, according to President Nayib Bukele. El Salvador Buys the Dip El Salvador’s president, Nayib Bukele, announced early Monday morning...
'Dictator' Bukele 'Buys the Bitcoin Dip' as 1.1M Users Flock to Chivo Wallet
20.9.2021
d “bought the dip.”The government has highly incentivized the use of the Chivo app – although it claims that Chivo use is optional – by giving those who download it in El Salvador USD 30 worth of BTC as a golden hello.Bukele claimed that the Chivo app and his BTC adoption plans were al
Salvadoran Court of Accounts to Investigate Government’s Bitcoin ATM Buys, Chivo Kiosk Construction
17.9.2021
According to reports stemming from the Salvadoran Court of Accounts, the regulatory body is planning to investigate the government’s bitcoin automated teller machine (ATM) purchases and Chivo kiosk construction. The investigation follows the recent protest in El Salvador against the adoption...
Bukele Says Chivo Bitcoin App Is Running at 100%, but Storms Are Brewing
17.9.2021
number of technical issues that had blighted the September 7 rollout had been “95% addressed,” Bukele