Trump Advisor Meets El Salvador President to Discuss Crypto Partnerships

Generated by AI AgentCoin World
Thursday, Jun 5, 2025 5:15 am ET1min read

Bo Hines, who leads President Donald Trump’s advisory council on digital assets, recently met with

Salvador’s President Nayib Bukele to discuss potential partnerships in the crypto space. The meeting, which took place on June 5, focused on development and a shared ambition to reshape global finance. Hines praised Bukele for spearheading what he described as transformative change in El Salvador.

The Central American country’s official Bitcoin Office confirmed the engagement, noting that both leaders explored opportunities for collaboration between the United States and El Salvador in the digital asset space. The office stated that the discussion centered around collaboration between the two countries on Bitcoin and digital assets.

Hines’ visit follows President Bukele’s recent White House trip, during which he met with President Trump to discuss regional security and prison agreements. Although Bitcoin was not discussed in that meeting, Hines’s presence in El Salvador places the spotlight back on crypto policy.

This diplomatic engagement may be tied to Trump’s broader crypto agenda. Earlier this year, the Trump administration unveiled plans to create a Strategic Bitcoin Reserve (SBR). This reserve would consist of Bitcoin acquired through budget-neutral strategies and digital assets recovered from criminal seizures. Although the US has not made official Bitcoin purchases, Hines’ trip could indicate that the US is exploring how to model its reserve after El Salvador’s approach. Bukele’s government was the first to adopt Bitcoin as legal tender and currently holds more than 6,198 BTC.

At the same time, El Salvador continues to promote crypto literacy through national education programs covering Bitcoin, AI, and emerging technologies. Speaking on these programs, Stacy Herbert, the Director of El Salvador Bitcoin Office, said, “El Salvador is preparing our young people to become global tech leaders by not just teaching them the required technical skills but by also giving them an ethical and philosophical foundation to build the world they want to see.”

Notably, the Trump administration has also adopted a pro-crypto approach by introducing legislation and rules that could further help the emerging industry thrive. This includes efforts to create a regulatory framework that supports innovation while ensuring consumer protection and financial stability.