San Salvador Times

The Pulse of El Salvador’s Transformation
Monday, Oct 05, 2026
San Salvador Times

El Salvador Transfers Majority Control of Chivo Bitcoin Wallet to Private Operator

The Salvadoran government shifted majority ownership and operational control of the Chivo digital wallet to a private company as it seeks to reduce state exposure and meet international financial compliance requirements.
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Related Articles

Heavy Rain Tests El Salvador’s Upgraded Drainage and Disaster-Response Systems

Tropical waves and low-pressure systems are bringing sustained heavy rain across El Salvador, prompting civil protection authorities to monitor vulnerable communities and assess...

El Salvador Steps Up Freight Inspections to Protect Highways and Improve Cargo Safety

Transport authorities have intensified inspections on major commercial corridors, identifying dozens of heavy vehicles with mechanical problems and overweight loads as part of e...

El Sunzal Prepares for International Surfing Association World Longboard Championship

Tourism operators and infrastructure developers in El Sunzal are finalizing preparations for the International Surfing Association World Longboard Championship, which is expecte...

San Salvador’s Revitalized Historic Center Becomes Country’s Most-Visited Urban Destination

Infrastructure investment and improved security have helped turn restored monuments and public squares in central San Salvador into the country’s most-visited urban tourism dest...

Honduran Holiday Travelers Boost Tourism Activity in El Salvador

Thousands of Honduran visitors are traveling to El Salvador’s coastal resorts and commercial centers during Morazanic Week, providing a boost to the hospitality sector and highl...

South Korea Invites El Salvador to Expand Cooperation on AI and Smart-City Technology

South Korea invited Salvadoran technology delegates to the Future Innovation Exhibition to deepen cooperation on artificial intelligence governance, smart-city infrastructure an...

El Salvador Enters Top 10 Latin American Startup Ecosystems

StartupBlink has ranked El Salvador among Latin America’s top 10 startup ecosystems, while international technology networks are launching founder fellowships in San Salvador fo...

Chivo Wallet’s Private Management Plans Broader Fintech Push Beyond Bitcoin

The new private management of El Salvador’s Chivo digital wallet is developing a redesigned platform with broader fintech tools and conventional payment services, moving beyond ...

Construction and Infrastructure Growth Supports El Salvador’s Domestic Economy

El Salvador’s Central Reserve Bank identified construction and infrastructure as major drivers of domestic growth, supported by public works projects and private real estate dev...

Customs Digitalization Speeds Trade Processing and Raises Revenue Collection in El Salvador

El Salvador’s customs authority reported faster commercial processing and stronger fiscal collection at national borders, attributing the improvements to the digital modernizati...

El Salvador Outpaces Regional Economic Average on Remittances and Services Growth

Regional macroeconomic reports indicate that El Salvador is outperforming the broader Latin American and Caribbean average, supported by household consumption, steady remittance...

El Salvador Advances Digital-Asset Rules to Expand Financial Tokenization

El Salvador’s National Commission for Digital Assets is moving ahead with new asset-tokenization rules intended to attract regional capital and strengthen the country’s position...
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