El Salvador denies Bukele plan for bitcoin or stablecoin wallet, announces Chivo Wallet sale
- —El Salvador's Bitcoin Office called the report on a state remittance app false
- —Authorities announced the sale of state-run Chivo Wallet
- —The denial covers plans involving bitcoin and stablecoins
Why it matters: El Salvador is winding down its state crypto infrastructure, shifting the status of the first country to adopt bitcoin as legal tender.
Source: CriptoNoticias