El Salvador launches “Bitcoin Embassy” in Texas

El Salvador plans to open a “Bitcoin embassy” in Texas, according to the country’s ambassador to the US

El Salvador Ambassador Milena Mayorga said on Twitter yesterday that she had met with Texas Assistant Secretary of State Joe Esparza to discuss the idea.

This was confirmed by the Texas Secretary of State decrypt that they met with the El Salvador ambassador to the US “to discuss opportunities for cultural and commercial exchanges” but declined to elaborate.

The El Salvador government did not respond immediately decrypt‘s questions.

It’s not clear what the embassy will do other than educate the public about the world’s largest cryptocurrency.

El Salvador last year open a “Bitcoin office” in Lugano, Switzerland to spread cryptocurrency acceptance in Europe. It also signed a memorandum of understanding on economic cooperation with the city.

The Swiss initiative is intended to “support initiatives to advance the adoption of Bitcoin and other cryptocurrencies in their respective regions” as well as “encourage the exchange of students and talent between El Salvador and Lugano,” the countries announced at the time.

The state of Texas, our new ally.

In my meeting with Texas Government Assistant Secretary Joe Esparza @TXsecofstate, we discussed the opening of the second #Bitcoin embassy and the expansion of commercial and economic exchange projects. 🇺🇸🤝🇸🇻 pic.twitter.com/NcmOjeadl6

— Milena Mayorga (@MilenaMayorga) February 14,

El Salvador was the first company to make bitcoin legal tender, along with the US dollar, in September 2021.

The tiny country’s president, Nayib Bukele, announced the idea at June’s Bitcoin 2021 conference in Miami. El Salvador’s law has since been criticized by the likes of the World Bank and IMF, and so far not many Salvadorans are using the cryptocurrency for everyday purchases.

El Salvador also bought the cryptocurrency, according to presidential Twitter announcements, but the administration was opaque about uncovering exact allegation.

Despite and despite criticism by human rights groups for his crackdown on the country’s notorious street gangs, President Nayib Bukele is popular with Salvadorans.

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