After opening its first Bitcoin Embassy in Lugano, Switzerland, El Salvador is opening a second one in Texas.
Gracias al Secretario Joe Esparza @TXsecofstate por recibirnos. Nos compartió el siguiente dato importante:
En el 2022, El Salvador y el Estado de Texas tuvo un intercambio comercial de $1,244,636,983. pic.twitter.com/VkZa36MNgz
— Milena Mayorga (@MilenaMayorga) February 14, 2023
According to a tweet from El Salvador’s Ambassador to the United States, Milena Mayorga, a meeting took place between her, other representatives of El Salvador and the Deputy Secretary of the Government of Texas, Joe Esparza.
“We discussed the opening of the second Bitcoin embassy and the expansion of commercial and economic exchange projects,” Mayorga said, also noting that “In 2022, El Salvador and the State of Texas had a commercial exchange of $1,244,636,983.”
The Texas Bitcoin Foundation, a public charity dedicated to research and education about Bitcoin, coordinated the meeting between Salvadoran and Texas state officials and hosted the Salvadoran delegation in Austin.
Much of the Texas government has been publicly pro-Bitcoin as of late, and this is one step further in its involvement in the industry. El Salvador became the first sovereign country in the world to make bitcoin legal tender, making history while simultaneously challenging the fiat status quo.