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Chivo Wallet and Bitcoin in El Salvador: What Really Happened and Why It Changed

By Robert Stukes    On 2 Jan, 2026    Comments (11)

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El Salvador made Bitcoin legal tender in 2021 with the Chivo wallet, promising financial inclusion. But Bitcoin’s volatility, technical failures, and low real-world use led to its removal as legal tender in 2025. Here’s what actually happened.

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