El Salvador removes BTC price feed from Chivo app to crack down on arbitrage scalpers By Cointelegraph
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© Reuters. 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 Oct. 19, Chivo’s Twitter (NYSE:) account Announcement that wallet users will not be able to see the reference price provided for trades executed using the price freeze feature — which allows traders to retain the (BTCThe app will display the price for you up to 1 minute.
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