Trump Advisor Bo Hines Visits El Salvador, Hinting at US Strategic Bitcoin Partnership Intentions

Background: Bo Hines, executive director of the White House Presidential Advisory Council on Digital Assets, visited El Salvador this week to meet with President Nayib Bukele to discuss the development of digital assets and the shared goal of modernizing global finance. Main Event: Hines confirmed the meeting on social media, praising Bukele's leadership on Bitcoin policy, calling it a "transformative change" for the country. The visit highlights the United States' interest in El Salvador's Bitcoin strategy, especially as the Trump administration considers its own digital asset plans. Previously, Bukele visited the White House in April to discuss regional security agreements and prison transfers, but did not touch on Bitcoin policy. Diplomatic Cooperation: Since Trump's inauguration, US-Salvadoran relations have significantly strengthened, with El Salvador agreeing to accept some deported illegal immigrants to cooperate with its anti-gang campaign. At the same time, the El Salvadoran National Digital Assets Commission held discussions with the U.S. Securities and Exchange Commission on a cross-border regulatory sandbox, aiming to learn from El Salvador's Bitcoin regulatory experience and optimize the U.S. cryptocurrency framework. U.S. Strategy: The Trump administration plans to establish a strategic Bitcoin reserve, mainly through budget-neutral methods such as criminal asset forfeiture. Although no official purchase has been made, Hines' visit suggests that he may learn from El Salvador's reserve strategy. As the first country in the world to use Bitcoin as legal tender, El Salvador holds more than 6,198 Bitcoins and continues to position itself as a global Bitcoin center. Disclaimer: This article is for informational purposes only and does not constitute legal, tax, investment or financial advice.