[El Salvador Bitcoin Office Denies Government Support for Launching Sivar Stablecoin App] Odaily Planet Daily News: Bitcoin News posted on the X platform stating that Bloomberg reported the Nayib Bukele government supports the launch of a new app called Sivar, which uses USD stablecoins for payments and remittances. The El Salvador Bitcoin Office responded, saying the Salvadoran government has no plans to launch or operate any Bitcoin, cryptocurrency, or stablecoin wallets. Coinbase announced that Sivar is launched by Modveon and uses Coinbase infrastructure to handle remittances between the U.S. and El Salvador. Transfers are settled in stablecoins on Base with a fixed fee of $2, and withdrawals can be made at over 1,000 locations in El Salvador. Coinbase stated that over 25,000 Salvadorans had registered prior to the app's launch. The El Salvador Bitcoin Office emphasized that after selling the Chivo Wallet to private operators, the government has officially ended all involvement and labeled Bloomberg's related report as 'fake news.'