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The Verge The Verge logo.
Shortly after launch, Chivo announced that it was changing its pricing features to prevent scalping , which led to further complaints over the difficulty of day trading on Chivo and pricing discrepancies. The report notes that "people who send and receive remittances frequently use informal brokers to convert local currency to and from bitcoin" and extremely volatile prices make buying and selling the cryptocurrency a complex task requiring technical know-how. Miles Suter, the crypto product lead at Cash App, told CNBC on a panel at the Messari Mainnet conference in New York that the government's day rollout of the chivo wallet and nationwide adoption of bitcoin was "rushed" and that there are still a lot of problems. Market Live.
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