Friday, April 26, 2024
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El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers

The Salvadoran government has moved to prevent users of its Chivo digital wallet from gaming the app’s price freeze feature to glean risk-free profits through arbitrage.On Tuesday, Chivo’s Twitter account announced that wallet users will be unable to see the reference price provided for trades executed using the price freeze

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