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El Salvador's Chivo bitcoin wallet gets a new software developer after complaints about ID theft and disappearing funds

El Salvador will use crypto software developer AlphaPoint to deal with problems that its bitcoin wa…

Hamza Fareed Malik   


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1 min read

El Salvador will exempt foreigners from paying bitcoin taxes to encourage investment, report says

After a bumpy rollout, El Salvador is the first country in the world to accept bitcoin as legal ten…

Carla Mozée   


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A third of El Salvador's population is actively using its bitcoin wallet Chivo, President Nayib Bukele says

President Nayib Bukele said there were more active users of the Chivo bitcoin wallet than of any si…

Harry Robertson   


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3 mins read

Bitso's $2 billion rise shows the power of crypto innovation in Latin America

Bitso "paved the way for much of the crypto ecosystem in Latin America," one expert said, and helpe…

Katie Canales   


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El Salvador has installed its Chivo bitcoin ATMs across the US to make remittances cheaper for Salvadorans living abroad

There are Chivo ATMs located in Los Angeles, Dallas, Houston, and other cities in the US. El Salvad…

Carla Mozée   


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El Salvador removes bitcoin pricing feature scalpers were exploiting on its Chivo system

A price-freezing feature gave users time to check bitcoin rates on other crypto exchanges and decid…

Carla Mozée   


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El Salvador's president said on Twitter that the nation bought the dip in bitcoin as the cryptocurrency plunged

As El Salvador took the bitcoin plunge on Tuesday, the price of the volatile cryptocurrency plummet…

Ethan Wu   


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India's crypto bill may reportedly restrict exchange-to-exchange transfers and even launch its own crypto wallet

India is currently in the midst of bringing in new regulations to govern the crypto industry. Accor…

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4 mins read

El Salvador is pushing for the use of Bitcoin with ATMs, digital wallets and free money — but participation is not ‘mandatory’

El Salvador’s President, Nayid Bukele, is leaving no stone unturned in trying to get the country’s …

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El Salvador recruits Mike Novogratz-backed crypto unicorn BitGo to code its official bitcoin wallet

The crypto unicorn, backed by billionaire Mike Novogratz, provided the Chivo wallet's programming i…

Shalini Nagarajan   


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1 min read

El Salvador's bitcoin experiment hasn't gained traction as locals continue to trust cash more than crypto, survey says

Despite President Nayib Bukele's bitcoin enthusiasm, the cryptocurrency hasn't gained great tractio…

Phil Rosen   


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The IMF is urging El Salvador not to use bitcoin as legal tender citing the 'large risks' associated with the cryptocurrency

Using bitcoin as legal tender "entails large risks for financial and market integrity, financial st…

Isabelle Lee   


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Isabelle Lee   


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Bitcoin crash erases $36 million in value from El Salvador government's massive crypto investment as national debt grows

El Salvador became the first country to make bitcoin legal tender in September despite multiple war…

Hannah Towey   


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El Salvador's millennial president switched up his Twitter bio to call himself 'the coolest dictator in the world'

Nayib Bukele called himself a "dictator" on Twitter after protests against him erupted in the Centr…

Cheryl Teh   


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El Salvador's bitcoin-loving president Nayib Bukele says scarcity means 'gigantic' price increase for the crypto is just a matter of time

The surge would stem from demand from the world's 50 million millionaires seeking to own at least o…

Carla Mozée