El Salvador’s President Meets Binance CEO to Discuss Bitcoin Adoption


Quick take:

  • President Nayib Bukele met with Binance CEO, Changpeng Zhao
  • Bitcoin was a key topic at the meeting
  • The two also discussed the importance of crypto regulation, crypto adoption and an increase in blockchain education
  • CZ had earlier met the President of Uruguay, Luis Lacalle Pou

Earlier today, the President of El Salvador, Nayib Bukele, met the CEO of Binance, Changpeng Zhao, to discuss several topics revolving around Bitcoin, cryptocurrencies and blockchain technology.

Track live crypto price of 10000+ coins!


According to the team at Binance, President Bukele and CZ ‘enjoyed a wide-ranging conversation on the importance of crypto regulation, growing crypto adoption and the need to increase blockchain education around the world’.

President Bukele went on to Tweet the following pictures of the meeting with CZ.

President Bukele and CZ Discuss Bitcoin

The meeting between President Bukele and CZ was also pivotal in that they also discussed El Salvador’s various investment plans for Bitcoin in the country.

CZ is quoted as pointing out that President Bukele was ‘a leader’. CZ also expressed ‘interest in learning about strategic projects of the El Salvador government’.

CZ Meets the President of Uruguay Luis Lacalle Pou

Before his trip to El Salvador, CZ had met the President of Uruguay, Luis Lacalle Pou, and went on to tweet the following picture and description of the meeting.

El Salvador Postpones Bitcoin Bond Issue

CZ’s visit to El Salvador comes less than 48 hours after the country’s Bitcoin bond was postponed.

Related:  Binance CEO Gives His Answer to One of the Most Frequently Asked Questions About Bitcoin

El Salvador’s Finance Minister, Alejandro Zelaya, explained that the government had decided to wait for favorable conditions in the financial market in order to issue the bond. He also gave a September deadline. He said:

In May or June the market variants are a little different. At the latest in September. After September, if you go out to the international market, it is difficult (to raise capital).




Download MAXBIT Android App, Your best source of all crypto news!

Google Play

Source link

Share this article: