President Nayib Bukele of El Salvador has signed Decree No. 49 establishing the National Bitcoin Office (ONBTC).
The agency will act as an executive with functional and technical autonomy. One of ONBTC’s responsibilities is to provide information about Bitcoin, blockchain and cryptocurrencies in El Salvador to the media and anyone interested.
In addition, ONBTC will assist foreign cryptocurrency businesses and investors seeking to do business in El Salvador and visit the country, and actively promote El Salvador’s participation in various international forums.
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