{"id":4649,"date":"2021-07-19T15:40:29","date_gmt":"2021-07-19T15:40:29","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=4649"},"modified":"2021-07-19T15:40:29","modified_gmt":"2021-07-19T15:40:29","slug":"el-salvador-will-launch-a-national-cryptocurrency-very-soon","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/el-salvador-will-launch-a-national-cryptocurrency-very-soon\/","title":{"rendered":"El Salvador will launch a national cryptocurrency very soon"},"content":{"rendered":"<p>By the end of the year, we might get a new stablecoin-based national cryptocurrency, Col\u00f3n Dollar, courtesy of the Bukele administration. The government is planning to launch many Blockchain-based products for the public and private domain.<\/p>\n<p>Ibrajim and Yusuf Bukele participated in a virtual meeting to promote the rollout of this currency and represented the Salvador government during the process. There&#8217;s been a lot of negotiations, and they partook in it.<br \/>\n<a href=\"https:\/\/shop.ledger.com\/pages\/back-to-school?r=3ed9810a0800\"><img decoding=\"async\" class=\"alignright\" src=\"https:\/\/www.ledgerwallet.com\/images\/promo\/banners\/ledger_banner_8-5-0x4-2-0.jpg\" alt=\"Back to school - Get 20% Off\" width=\"850\" height=\"420\" \/><\/a><\/p>\n<p>However, press secretary Ernesto Sanabria said negatively about any major update, except for the inclusion of Bitcoins. But, the government has received plenty of suggestions and proposals regarding cryptocurrencies.<\/p>\n<p>Despite the press secretary&#8217;s refusal, we cannot deny the footage of the video meeting, in which the president&#8217;s brothers are participating, who are the president&#8217;s counsel as well. But the press secretary said that these people don&#8217;t have any official position, but the president does listen to them.<br \/>\n<a href=\"https:\/\/www.cloudways.com\/en\/?id=368202\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/atozcrypto.org\/wp-content\/uploads\/2020\/10\/a48aaa90-e1c4-4f38-a45b-8bace9af8fee.jpg\" alt=\"cloudways\" width=\"800\" height=\"282\" \/><\/a><\/p>\n<p>Actually, Ibrajim met with Cardano, and WhizGrid to create a national cryptocurrency, and wallet, and to fasten the process of digitalization. Also, we might see the existence of the Salvador Blockchain Committee that will oversee the process.<\/p>\n<p>As there&#8217;s no government statement yet, we can only say that this is a speculation, but a very strong one. Ibrajim said that the game government will legalize all cryptocurrency and Blockchain-based tenders after setting the right infrastructure.<\/p>\n<p>Who was actually in the meeting?<\/p>\n<ul>\n<li>Vladimir Handal, Secretary of Innovation<\/li>\n<li>Fabrizio Mena, Undersecretary of Innovation<\/li>\n<li>Andr\u00e9s Ortiz, working for the President<\/li>\n<li>Alejandro Muyshondt, National Security Advisor, among others.<\/li>\n<\/ul>\n<p>In the meeting, nearly all the parties agreed that now would be the best time to move forward with the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By the end of the year, we might get a new stablecoin-based national cryptocurrency, Col\u00f3n Dollar, courtesy of the Bukele administration. The government is planning to launch many Blockchain-based products for the public and private domain. Ibrajim and Yusuf Bukele participated in a virtual meeting to promote the rollout of this currency and represented the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":4650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[20],"tags":[220,139,134,140,136,372,432,431,430,433],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>El Salvador will launch a national cryptocurrency 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