In Switzerland, there is a region called Lugano, which many consider like a crypto hub. This year, during the month of March, Tether and Lugano announced a project. The latter is called “Plan B”.. It aims to transform the Swiss city into a center of excellence for blockchain adoption. Now it is El Salvador that is announcing cooperation with the Swiss city.
A Historic Partnership to Drive Crypto Adoption
Recently, a recognized site that deciphers the news in El Salvador has published an article on the new economic cooperation agreement signed by the government. The agreement focuses on adoption of bitcoin (BTC) and other cryptos. He should to help both regions in education and research in the crypto sector. It appears that the new cooperation was announced by El Salvador’s ambassador to the United States, Milena Mayorga.
The Ambassador said:I am very happy to have been able to announce this historic partnership between the innovative city of Lugano and El Salvador. We share a love for innovation and bold ideas, and this initiative will be a game-changer when it comes to sharing ideas and best practices for economic freedom.“.
With this new agreement, initiatives dealing with the adoption of cryptos (including bitcoin) will gain more support in El Salvador. It should be noted that the partnership was announced during the “Plan B” forum, on the first day of the event. It was Tether who organized the forum, in the city of Lugano.
An alliance favorable to students and talents from El Salvador
The ambassador indicated that the economic cooperation agreement signed by El Salvador and Lugano promote the exchange of students and talents. She also said: “My compatriots and I are very excited about the promise of bitcoin, and I look forward to seeing how this initiative will help increase access to economic security and economic freedom for all, one of the main objectives of the government of President Nayib Bukele“.
For the Mayor of Lugano, Michele Foletti, the “partnership with the great country of El Salvador is great newsfor those who believe in financial freedom and the power of cryptos. He clarified that his city is “a land of innovation and opportunity“.
Recently, in Geneva, the Mayor of Lugano signed a memorandum with the Ambassador of El Salvador to the United States. It appears that the new agreement will benefit both regions and promote the development of a more inclusive economy.
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