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U.S. Eyes Closer Crypto Collaboration with El Salvador After Bukele Meeting
In a major step that shows just how serious digital assets are becoming on the global stage. President Trump’s Executive Director for Digital Assets, Bo Hines, sat down with El Salvador’s President Nayib Bukele on June 5, 2025. The meeting took place in San Salvador and focused on deepening ties between the U.S. and El Salvador when it comes to Bitcoin and the wider digital asset space.
Bo Hines, joined by his deputy Patrick Witt, had in-depth talks with President Bukele focused on pushing forward their shared goals around blockchain tech and digital assets. Hines had high praise for Bukele’s bold approach, calling him a “transformative figure” in the region and giving a nod to El Salvador’s groundbreaking move to bring Bitcoin into its national economy.
Back in 2021, El Salvador grabbed global attention by becoming the first country ever to make Bitcoin legal tender. That bold move instantly put the small Central American nation on the map as a leader in the crypto space. In 2024, they tweaked parts of the Bitcoin law to meet some of the IMF’s loan conditions, but the country’s overall commitment to crypto hasn’t wavered.
Strengthening Bilateral Crypto Initiatives
Latest numbers show El Salvador’s sitting at about 6,198 BTC, worth roughly $651 million right now. Under Bukele’s lead, the country stuck with its “one Bitcoin a day” plan—a move that not only grows their stash but also shows they’re all-in on Bitcoin’s long-term value. It’s all part of Bukele’s bigger game plan to use Bitcoin as a way to boost the economy, push financial access, and drive innovation.
Hines’ visit makes it pretty clear that the Trump camp is seriously looking to team up with countries that are already deep into crypto. With Trump openly backing blockchain and even floating the idea of a national Bitcoin reserve, places like El Salvador are starting to look like major players in what could be a new wave of crypto-first diplomacy.
This visit also follows up on an earlier meeting between Trump and Bukele at the White House back in April 2025. That talk was mainly about migration and border stuff, but the fact that crypto is now part of the conversation shows how the relationship between the two countries is starting to branch out into new areas.
As the U.S. and El Salvador keep stepping up their game in the crypto world, their growing partnership might end up being a blueprint for how countries can actually work together on stuff like digital currency and blockchain rules. If it plays out well, it could help push crypto into the mainstream and show how it can be brought into national economies in a smart, stable way.
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