El Salvador Eyes Bitcoin Talks with Russia Amid Political Shifts

El Salvador, known for becoming the first country to adopt Bitcoin as legal tender, has consistently attracted attention with its bold crypto policies.

Recently, the nation has been in the spotlight again, not only for its pioneering stance on digital currency but also due to talks of a potential diplomatic visit to Russia.

Reports suggest that President Nayib Bukele is considering a trip to Moscow in early 2025, where Bitcoin is expected to feature prominently in the discussions. While the visit is not yet confirmed, its likelihood will be influenced by various geopolitical factors, particularly the U.S. position on Russia under President-elect Donald Trump.

The possibility of the visit was confirmed by Alexander Ilyukhin, the Russian First Secretary at the embassy in Nicaragua, who indicated that while both parties are optimistic, final approval hinges on developments in the political landscape, especially in relation to U.S. policies.

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A Russian diplomat further hinted that discussions would likely center on Bitcoin, with the potential for an exchange between President Bukele and Vladimir Putin on cryptocurrency’s global role.

Alexander Zdravkov