According to Steiner, the government has been in talks with Acumen since October 2021, following the approval of bitcoin as legal tender in the Central American country. In parallel, it holds negotiations with different crypto lending platforms looking to provide loans to Salvadoran SMEs, Steiner said, adding that, if signed, the agreements could total $200 million.
Related posts
-
Bukele Calls for Speculators to Stop Gouging Prices in El Salvador, Issues Ultimatum
Nayib Bukele, president of El Salvador, has issued an... -
Crypto Trading Firm Auros Estableshies Venture Capital Arm, Plans to Invest $50M in Early Stage Projects
Ben Roth, CEO of Auros, told CoinDesk that the VC arm focuses on helping companies scale... -
First Digital Debt Offering Fails to Get Traction in El Salvador
The first digital debt offering registered in El Salvador...