To promote Bitcoin adoption beyond its walls, El Salvador is looking to establish a Bitcoin embassy in Texas.
The plan was disclosed by the El Salvador ambassador on Twitter Tuesday, February 14, according to the ambassador, she has met with Texas Deputy Secretary of State Joe Esparza to discuss the plan.
El estado de Texas, nuestro nuevo aliado.
— Milena Mayorga (@MilenaMayorga) February 14, 2023
En mi encuentro con el Secretario Adjunto del Gobierno de Texas, Joe Esparza @TXsecofstate, abordamos la apertura de la segunda Embajada #Bitcoin y de ampliar los proyectos de intercambios comerciales y económicos. 🇺🇸🤝🇸🇻 pic.twitter.com/NcmOjeadl6
Among countries of the world, El Salvador is the first to adopt Bitcoin as a legal tender in the country back in 2021. Since the move, there have been several criticisms from entities like the IMF, and World Bank.
In addition to Bitcoin adoption, the country has also bought Bitcoin, although the country is yet to reveal many details about the transaction.
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