El Salvador revamps bitcoin pockets after complaints of theft and fraud
The Central American nation's experimental adoption of bitcoin has been beset by issues together with identification theft and lacking funds. Now the system is being relaunched with a US firm offering the infrastructure
A vendor holds an indication displaying that bitcoin is accepted at a retailer in San Salvador in January 2022 MARVIN RECINOS/AFP through Getty Picture
El Salvador handed laws to make bitcoin authorized tender in September 2021, the primary nation on the earth to take action, however the daring experiment has loved restricted success. Tons of of residents claimed that funds weren’t being acquired by outlets, or that funds have been disappearing from their accounts. Merchants additionally briefly exploited a loophole within the state-issued pockets app to show a fast revenue. Now a US firm is being drafted …
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