SAN SALVADOR El Salvador will privatize or close the cryptocurrency wallet "Chivo" created by President Nayib Bukele when he made bitcoin legal tender in 2021, an official has said. The announcement came after the Central American nation's government reached a $1.4 billion loan deal with the International Monetary Fund that addressed its controversial embrace of bitcoin. While bitcoin remains legal tender in El Salvador, Chivo "will be sold or wound down," Stacy Herbert, director of Bukele's

Tag-uri: Bitcoin