El Salvador's Bitcoin wallet is '95% fixed,' President Bukele says

El Salvador's Bitcoin wallet is '95% fixed,' President Bukele says

Just a week after Bitcoin (BTC) became legal tender in El Salvador, President Nayib Bukele has admitted that the rollout of the state Bitcoin wallet was too much of a challenge.

Chivo, El Salvador’s official Bitcoin wallet, has temporarily disabled new registrations and halted app downloads for new smartphone models due to ongoing issues with the app, Bukele said on Twitter late Monday.

“Both things will be enabled until the application has no errors,” the president noted, adding that the Chivo team expects to resume registrations and downloads in a couple more days.

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“The technical errors of the Chivo wallet have been 95% fixed. In the next few days it will be working at 100%,” Bukele wrote. He noted that El Salvador’s 200 Bitcoin ATMs currently “work perfectly,” as well as Chivo-supported 50 ATMs in the United States.

Bukele went on to say that the bumpy rollout of the Chivo wallet was due to an early rollout, stating:

“Launching everything in three months was too

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