Market
Will El Salvador sell or discontinue the Chivo Wallet by December 31, 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from El Salvador's government or press releases regarding the Chivo Wallet
Story
El Salvador to Ramp Up Bitcoin Buys for Strategic Reserve Despite IMF Agreement on Chivo Wallet
Dec 19, 2024, 03:01 PM
El Salvador plans to continue purchasing Bitcoin, potentially at an accelerated pace, for its strategic reserve, according to statements from Herbert, the Director of the Bitcoin Office in the country. This move comes despite an agreement with the International Monetary Fund (IMF) that will lead to the sale or discontinuation of the country's official Bitcoin wallet, Chivo. Bitcoin will remain legal tender in El Salvador, as confirmed by Herbert.
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Yes • 50%
No • 50%
El Salvador Government • 25%
Joint Venture • 25%
Private Company • 25%
Other • 25%
Discontinued • 25%
Stable usage • 25%
Increased usage • 25%
Significantly reduced usage • 25%
No longer legal tender • 25%
Other • 25%
Voluntary for businesses • 25%
Remains legal tender • 25%