El Salvador and the United States are trying to strengthen their crypto partnership.
Bohines, executive director of the Presidential Council of White House Digital Asset Advisors, met with Salvador President Naive Buquere on Wednesday.
“The ambitious Bitcoin superpower has come to meet with the OG Bitcoin country to discuss mutual interests and collaborations that may be related to Bitcoin, stubcoin and digital assets.”
“I think we’ll see some extraordinary things happen over the next few months as a result of this meeting for both partners,” she added without further elaborating.
Hines is a key player in Washington when it comes to crypto policy, working with David Sacks, who chaired the Crypto Council and took on the role of AI and Crypto Czar.
Since US President Donald Trump took office in January, both countries have come close. Bukere was welcomed by Trump at the White House in April, where he discussed the security agreement. El Salvador has agreed to obtain custody of some of the illegal immigrants deported by the United States at the US’s largest security megaprison CECOT, built in 2022 as part of the government’s crackdown on violent gangs.
El Salvador’s Crypto Regulation Agency has already met with the US Securities and Exchange Commission (SEC) with the aim of establishing a cross-border regulatory sandbox. According to CNAD President Juan Carlos Reyes, the idea is to leverage the experience of regulating digital assets to regulate digital assets and assessing streamlined regulatory approaches for its own framework.
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