New Institution from El Salvador: Will Oversee All Crypto Initiatives

El Salvador has announced its new agency, the National Bitcoin Office (ONBTC), which will oversee all startups involving Bitcoin (BTC).

According to the information received from local sources, El Salvador recently published in the official newspaper, blockchain technologies, crypto- moneys and bitcoin including all attempts who will supervise of ONBTC announced its establishment. In addition to corporate audit activities incentive and with promotion will also take care of.

The Board is dedicated to foreign cryptocurrency industry actors who want to do business and visit the country in El Salvador. helper as well as actively for El Salvador’s participation in various international forums. incentive will give. In addition, determined by the Presidency bitcoin and blockchain policies studies related to coordination It is also among the duties of ONBTC.

The government recently launched an IPO of digital assets.to regulate within a legal framework submitted the digital securities bill to the legislature. The country has been planning for a long time in the near future. Bitcoin bonds expected to be released.

source site-9