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El Salvador plans to sell or shut its crypto wallet

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El Salvador's Bukele claims 'record' reelection victory

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 said Thursday. 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 […]

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