As part of efforts by the Nayib Bukele-led government to ease Bitcoin adoption in the country, a $30 dollar bonus had been placed on every new wallet opened.
According to Cristosal, a human rights organization in El Salvador, it has already started receiving complaint notifications in this regard.
Meanwhile, Chivo’s official website is claiming that for an account to be opened, one must first scan the DUI front and back, and then go on to do some sort of facial recognition that will help to verify the registrant’s identity.
Adam Flores, a Salvadoran YouTuber who runs the channel La Gatada SV, has revealed the flaws of the system in a personal experiment he did using his grandma’s details.