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Since he has seen the tremendous change BTC adoption has brought to his country, he now want to improve accessibility, empowering more people to safely and effectively engage in the crypto economy, thereby taking the country to the next level, thereby making El Salvador as a haven for crypto firms.
Almost immediately after the Tether and Bitfinex decisions, which are written about above in this topic, the country, as I suspect through the efforts of the Bitcoin Office, Max Keiser and Stacy Herbert, continues to see an influx of investment into the IT cluster.
For example, just now the Salvadoran financial technology company Ditobanx and the digital asset company Tokeni also
announced their decision to invest $300 million in assets in El Salvador and plan to do so in 2025.
The companies say that the investment will be aimed at helping the country create a standardized structure for tokenized regulated assets.
According to Guillermo Contreras, CEO of Ditobanx, the launch of these assets is necessary for the future of the entire tokenized asset industry and will not be easy, but with this investment, the company intends to establish these related services in El Salvador. He also noted that such standardization “is necessary to create a more connected, liquid and innovative market, and we are committed to making this vision a reality for El Salvador and beyond.”