'Fake News': El Salvador Denies Stablecoin Pivot as Bitcoin Treasury Grows
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5 Articles
Key points of the news: El Salvador denied a turn towards the stablecoins and stated that it does not plan to launch or operate Bitcoin Wallets, cryptocurrencies or stablecoins after selling Chivo Wallet. The clarification responds to the controversy over Sivar, a remittance application based on stablecoins that operates on Base and charges a fee of ... Read more
The Bitcoin National Office denied that El Salvador is turning towards the stablecoins and stated that the State does not plan to operate new crypto wallets. The clarification comes after the transfer of Chivo to private hands, while the country reports 30 additional BTCs in its reservation during the last month.
'Fake News': El Salvador Denies Stablecoin Pivot as Bitcoin Treasury Grows
El Salvador’s National Bitcoin Office has dismissed reports that the country is pivoting to stablecoins, calling it “fake news,” and confirmed it has no plans to launch or run any crypto or stablecoin wallets. Government Denies Stablecoin Pivot El Salvador has dismissed a Bloomberg report that the country is turning to stablecoins nearly five years […]
Bitcoin Office Denies Plans to Operate Digital Wallets or Stablecoins in El Salvador - La Noticia SV
The clarification arises in response to reports published by international media, reaffirming the position of the State regarding the private administration of digital payment tools in the country. EL SALVADOR.- The National Office of the Bitcoin of El Salvador denied versions of the alleged intention of the Executive to launch or manage public platforms of... The entry Bitcoin Office denies plans to operate digital wallets or stablecoins in El …
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