The ambassador of El Salvador to the United States, Milena Mayorga, said this Wednesday that two banks with bitcoin operations will open in the Central American country, taking advantage of the legislation, without specifying dates or investment amounts. 'These are two initiatives from private bitcoin banks,' revealed the Salvadoran diplomat at the opening of the Bitcoin Historical conference in the center of the Salvadoran capital, which brings together enthusiasts of this cryptocurrency. Mayorga detailed that the process for one of these banks 'is already well advanced and will open in a few weeks, and there is another that has also been working at the Bitcoin Office.' 'Both are taking advantage of all the laws and regulations that have been made, so I think it is very positive because this allows the bitcoin agenda to advance in the country,' the ambassador stated. She noted that the activities of these banks could take place not only in the capital but also in other locations, and that 'their operations here in El Salvador are very positive because ultimately what we want is to attract different financial institutions to the country.' However, the Salvadoran ambassador did not specify the investment amount for these two initiatives, nor did she provide figures on the amount attracted to the country after the adoption of bitcoin as legal tender from September 2021 to January 2025, in the latter month when the Legislative Assembly, dominated by the ruling party Nuevas Ideas (NI), revoked this status. 'Many companies are already investing and seeing it as a tech hub,' but 'I couldn't give a single precise figure or an estimate, but we are seeing that all that investment is coming to the country and will continue to grow,' Mayorga indicated. When asked by the press if he would like to open a bank in El Salvador with bitcoin operations, Mexican businessman Carlos Salinas Pliego, who is in the Central American country to participate in the bitcoin conference, said he would 'love to.' 'I would love to, as soon as the country of El Salvador has a clear regulatory framework for the bitcoin financial institution, we will do it with great pleasure, I am very interested,' declared Salinas Pliego. 'I regret having sold the bank I had here, but when that happened, the country was in very serious problems,' recalled the owner of Banco Azteca.
