HomeCRYPTO COINSCentral American Bank for Economic Integration to Help El Salvador for Bitcoin (BTC)
Central American Bank for Economic Integration to Help El Salvador for Bitcoin (BTC)
June 14, 2021
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:
Considering that CABEI has $13.5 billion in assets, there is a possibility that similar demand may come from other Central American countries.