đ Crypto News Flash: El Salvador's Chivo Wallet to Close! đ
- El Salvador plans to sunset its state-backed Chivo wallet as part of a $1.4B IMF deal.
- Despite Chivo's closure, Bitcoin remains legal tender in the country.
- Launched in 2021, Chivo faced challenges like hacking incidents.
- President Bukele's BTC strategy continues, with $632M in BTC holdings and $362M in unrealized profits.
- El Salvador's BTC adoption inspires countries like Brazil and the U.S. to explore Bitcoin reserve laws.
What do you think about El Salvador's BTC journey? Share your thoughts below! đŹ