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El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation

[Aug 2 6:10 PM] Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed by El Salvador’s government…

Latam Insights: Venezuela to Leverage USDT for Sidestepping Sanctions, Chivo Wallet Disregards Hacking Allegations

[Apr 29 1:11 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking…

Salvadoran Official Crypto Wallet Chivo Dismisses Alleged Hacking Event

[Apr 25 6:36 AM] Chivo wallet, the official cryptocurrency wallet of El Salvador, has dismissed an alleged hack of the source code of its software and the data of over 5 million users linked to the wallet’s KYC procedures. According to Chivo, the data of…

Bitcoin-friendly El Salvador can become the 'Singapore of the Americas': VanEck advisor

[Oct 28, 2023 9:26 PM] VanEck strategy advisor Gabor Gurbacs expects a wave of new investment capital and immigration will push El Salvador’s economic growth in the coming years.

Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected

[Apr 7, 2023 4:30 PM] A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a…

Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador

[Apr 7, 2023 3:00 PM] According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the…

El Salvador Chivo Wallet Programmer Opens Up About Alleged ID Fraud, Tech and Money Laundering Issues

[Jan 13, 2023 5:00 AM] A Chivo wallet programmer has opened up about the different problems that the flagship cryptocurrency wallet of El Salvador faced during its initial stages. Shaun Overton, who alleges he was hired to help in the handling of the issues, has talked…

Salvadoran Group Files Lawsuits Against President Nayib Bukele on Lack of Transparency in Bitcoin Purchases

[Nov 28, 2022 6:30 AM] Cristosal, a Salvadoran nonprofit human rights organization, has filed three lawsuits related to President Nayib Bukele’s management of public funds to purchase bitcoin. The processes are being run before several national and international…

The Challenges Of Bitcoin Adoption Aren't Stopping Salvadorans

[Nov 17, 2022 7:09 PM] Citizens of El Salvador still face certain obstacles in their bitcoin adoption journey, but still look forward to the future.This is an opinion editorial by Rikki, Bitcoin explorer, author and co-host of the “Bitcoin Italia,” and…