{"id":57009,"date":"2022-02-02T12:46:00","date_gmt":"2022-02-02T10:46:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57009"},"modified":"2025-09-04T09:22:34","modified_gmt":"2025-09-04T06:22:34","slug":"el-salvador-relaunches-the-chivo-wallet","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/el-salvador-relaunches-the-chivo-wallet\/","title":{"rendered":"El Salvador relaunches the Chivo wallet"},"content":{"rendered":"

The government of El Salvador announced<\/a> the integration of AlphaPoint’s solution into the Chivo digital wallet and plans to deploy 1,500 crypto ATMs.<\/p>\n

According to Decrypt, the New York-based startup has since December 2021 improved the app’s user interface, fixed bugs<\/a> and added enhanced support Lightning Network<\/a>.<\/p>\n

Chivo is used<\/a> by 4 million Salvadorans, including 70% of the country’s population who did not have bank accounts.<\/p>\n

Authorities intend to broaden the wallet’s use cases, with plans to add the ability to pay utilities and taxes.<\/p>\n

In January, ForkLog reported that the Salvadoran government was considering loans backed by bitcoin<\/a>.<\/p>\n

On 7 September 2021, the law recognizing Bitcoin as legal tender in El Salvador came into force. The government’s decision was criticised by economists<\/a>, including IMF<\/a>.<\/p>\n

Earlier, President Nayib Bukele acknowledged technical problems with the rollout of Chivo. The complaints largely concerned the accrual of and receipt of $30 in Bitcoin<\/a>, which the government paid for registering in the app.<\/p>\n

Follow ForkLog on Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The government of El Salvador announced the integration of AlphaPoint’s solution into the Chivo digital wallet and plans to deploy 1,500 crypto ATMs.<\/p>\n","protected":false},"author":1,"featured_media":57010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1189,1278,325],"class_list":["post-57009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptomats","tag-el-salvador","tag-lightning-network"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=57009"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57009\/revisions"}],"predecessor-version":[{"id":57011,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/57009\/revisions\/57011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/57010"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=57009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=57009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=57009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}