A potential White House meeting between President Donald Trump and El Salvador’s pro-Bitcoin leader, Nayib Bukele, has ignited speculation about the agenda. While no official details have been announced, this encounter could bring the two leaders closer, potentially influencing future cryptocurrency regulations.
Both figures openly support Bitcoin, though their approaches differ. Bukele spearheaded a historic move in 2021, making El Salvador the first nation to adopt Bitcoin as legal tender. This bold step has positioned the country at the forefront of Bitcoin adoption, with its national reserve holding 6,129 BTC worth around $514 million. Trump’s administration, on the other hand, recently signed an executive order to establish a strategic Bitcoin Reserve. The initiative aims to expand the US’ Bitcoin holdings without using taxpayer funds.
If this meeting takes place, Bukele would become the first Western Hemisphere leader to meet Trump at the White House during his current term. This potential meeting could also strengthen US-El Salvador relations which have been bolstered by cooperation on border security and deportation of Venezuelan gang members.