White House Crypto Chief Bo Hines Meets El Salvador’s Bukele to Discuss Collaboration

El Salvador and the United States are enhancing their crypto partnership following a meeting between Bo Hines, executive director of the White House’s Presidential Council of Advisers for Digital Assets, and President Nayib Bukele.

Discussion focused on collaboration regarding bitcoin, stablecoins, and digital assets.
Stacy Herbert from El Salvador’s Bitcoin Office anticipates significant developments in the coming months.
Hines plays a key role in U.S. crypto policy alongside David Sacks, chair of the crypto council.
The relationship between the two countries has strengthened since January 2021, with discussions on security agreements.
El Salvador's National Commission of Digital Assets (CNAD) has met with the U.S. SEC to create a cross-border regulatory sandbox.
This initiative aims to leverage El Salvador’s experience in digital asset regulation to inform U.S. regulatory strategies.