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Chivo Wallet goes down on opening day

A man wearing a protective face mask with the image of Salvadoran President Nayib Bukele pose for a picture at a bitcoin ATM in San Salvador, on September 7, 2021.
A man wearing a protective face mask with the image of Salvadoran President Nayib Bukele pose for a picture at a bitcoin ATM in San Salvador, on September 7, 2021. Photo: Marvin Recinos/AFP (Getty Images)

The government of El Salvador launched an official government-run wallet called Chivo to help facilitate bitcoin transactions in the country, but it’s already hit major snags. The Chivo service suffered serious outages on Tuesday, supposedly due to high demand.

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