Dante Mossi, president of the BCIE, an organization equivalent to a central bank for Central American countries, wants to help the development of cryptocurrencies.
When an organization from 17 countries supports Bitcoin
The adoption of Bitcoin as legal tender in El Salvador was a historic moment, and this proposal by Salvadoran President Nayib Bukele was welcomed by many – with the notable exception of the IMF, which had to try everything to change his mind.
Today, another piece of good news for Bitcoin adoption has come from the Banco Centroamericano de Integración Económica (BCIE), which is very supportive of El Salvador’s implementation of its “Ley Bitcoin” (Bitcoin Law).
This organization brings together banks and economic institutions from several Central American countries and elsewhere – 17 member countries in all – to help financial development in this part of the world.
Its executive chairman, Dante Mossi, held a conference this June 14, 2021, and to say the least, he is very excited to respond to El Salvador’s request to assist this small country with its crypto king law:
“Bitcoin is really a big deal for the Salvadorans, and we are really proud that they are involving us in this new policy.”
To help the development of the “innovative” Bitcoin as a legal tender in El Salvador, the BCIE will not hesitate to put in the means:
“As part of the technical assistance provided by BCIE, we will select experts in the field who will advise us on how to implement this innovative reform, including risk assessment and regulation. “
What a change to finally see major financial players ready for the modernization/democratization of the economy thanks to Bitcoin and cryptocurrencies! It must be said that many South American countries are ‘hot’ to follow El Salvador’s brave example.
