According to Michele CRIVELLI, the founder of NEXBRIDGE, a digital asset company that specializes in asset tokenization, the United States is currently following El Salvador’s footsteps.
In an interview with COINTELEGRAPH, CRIVELLI emphasized the importance of independent regulators for encryption regulations, and the United States has taken the right action with the newly delegated working group in the digital asset market. CRIVELLI said:
“The United States is doing what El Salvador did in 2021. They have created a special committee to study how to realize how to realize Crypto’s legal frameworks like El Salvador.”
The founder of Nexbridge added that like El Salvador, a small country that will be lost will be a pioneer of global digital assets, and in the end, if the trend of the digital economy becomes difficult to ignore, it will attract more players like the United States.
Asset Manager Anthony Prompiano made the same claim in November and quoted the gradual accumulation of El Salvador and BHUTAN’s BTC (BHUTAN) as a signal that BTC’s global race is progressing well.
relevant: Failure or 5D Chess? El Salvador IMF transactions go back to the adoption of Bitcoin.
El Salvador continues to accumulate Bitcoin despite IMF transactions
El Salvador officially abolished the Bitcoin legal bidding law in January 2025 as part of a loan contract with the International Monetary Fund (IMF).
The super national agency pressure the El Salvador to track the Bitcoin policy for several months before the contract with the Central America.
Bitcoin Maximalists was in charge of the abolition of the legal bidding law, which had to accept BTC in the form of payment.
El Salvador continues to accumulate Bitcoin, despite rolling back the law and securing loans from the IMF.
The country recently acquired more than $ 1.2 million at the time of purchasing, and placed a total of 6,051 BTC’s total stake in El Salvador.
TETHER, an publisher of the Stablecoin, also announced that the headquarters will be transferred to El Salvador due to the nation’s favorable regulatory environment.
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