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Home Lifestyle

El Salvador created a National Bitcoin Office

by Alice Trout
December 26, 2022
in Lifestyle
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El Salvador created a National Bitcoin Office
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The government of El Salvador opened the National Bitcoin Office (ONBTC). It will control all local projects related to the first cryptocurrency.

The purpose of the new office is to develop, analyze, plan and coordinate bitcoin-related programs and projects for the country’s economic development.

ONBTC will take charge of interacting with the media, international bitcoin companies and those wishing to invest in El Salvador or meet with President Nayib Buquele on the integration of the first cryptocurrency.

All government agencies are required to assist the National Bitcoin Office in carrying out its functions. The ONBTC director will be appointed by the head of state.

Earlier, the authorities of the country began considering a bill designed to bring into the legal field the order of interaction with providers and issuers of virtual asset services.

Earlier, well-known models talked about buying bitcoins. One of them complained that the leaked nudes of Corinne Kopf reduced the girls’ earnings on the video communication platform.

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Alice Trout

Alice Trout

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