El Salvador launched the Chivo wallet to make Bitcoin legal tender and cut remittance costs. But volatility, technical failures, and low adoption led to Bitcoin being dropped as legal tender in 2025 - here's what really happened.
El Salvador launched the Chivo wallet to make Bitcoin legal tender and cut remittance costs. But volatility, technical failures, and low adoption led to Bitcoin being dropped as legal tender in 2025 - here's what really happened.