El Salvador partners with Linguard Labs to relaunch Chivo bitcoin wallet as financial platform

The Salvadoran government has partnered with California-based Linguard Labs to relaunch the Chivo bitcoin wallet as a broader financial platform, aiming to serve Salvadorans domestically and abroad. This marks a shift from the state-run model to a public-private partnership, signaling continued government commitment to bitcoin despite past technical issues and low adoption. The move could influence cryptocurrency market sentiment and El Salvador's financial policy direction.