El Salvador was the first nation to (BTCAccording to an announcement, ), a legal tender has been onboarded by 4 million users in its government-backed BTC wallet Chivo, which is part of a partnership between digital identity provider Netki and the government.

Netki has announced that Chivo wallet onboarded over 4 million new users in 45 days using the company’s flagship Know Your Customer (KYC)/Anti-Money Laundering (AML) product, OnboardID. The platform also claimed that it had facilitated the compliant onboarding of 70% of the country’s previously unbanked population.