El Salvador's Bitcoin Wallet Chivo Reaches 1.1 Million Users
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On September 18, Salvadoran President Nayib Bukele tweeted that the number of users of the country’s Bitcoin wallet Chivo has exceeded 1.1 million, but it is currently not compatible with 65% of mobile phone models. He said that at this pace, the country, which has a population of 6.5 million, 70 percent of whom do not have bank accounts, could achieve financial inclusion within a month, something that the traditional state-owned and private banking systems have eluded it for 40 years. |
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