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President Dante Mossi said on Monday that the Central American Bank for Economic Integration (CABEI), Central America’s largest multilateral development bank, will assist El Salvador in its effort to adopt Bitcoin.
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It will form a team that will work with El Salvador’s Ministry of Commerce and El Salvador’s Central Reserve Bank.
According to Mossi, Bitcoin means many opportunities for El Salvador:
“Bitcoin is really important to Salvadorans and we are really proud that they made us a part of this new policy.”
Considering that CABEI has $13.5 billion in assets, there is a possibility that similar demand may come from other Central American countries.
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Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.