Peruvian crypto entrepreneurs explore business opportunities in El Salvador

A new delegation of cryptocurrency experts and entrepreneurs arrived in the country in search of business and investment opportunities. Twenty-one Peruvians, who show interest in learning about the country’s crypto ecosystem and the territory’s potential, have been received by the government, following up on the actions of the Embassy of El Salvador in Lima.

Personnel from different state institutions such as the Ministry of Foreign Affairs (Foreign Ministry), the Executive Hydroelectric Commission of the Lempa River (CEL), the Ministry of Finance, the Superintendence of the Financial System (SSF) and the Central Reserve Bank (BCR) have shared information with investors on the main areas of trade, strategic projects, possibilities for placing funds, legal framework, tax incentives, among other issues.

Nelson Cabrera Medina, a businessman who runs a company specializing in the field, pointed out that the country is in an «interesting economic phase» due to the bets developed by the government.

«We already had a vision of what El Salvador is doing with the bitcoin issue, and we work with cryptocurrencies and blockchain, and the expectation is great. The idea is to be able to enter and take advantage of the laws that have been established here in this country,» added Cabrera.

Likewise, the investor highlighted that the leadership of President Nayib Bukele has managed to challenge global monetary systems and has made the nation a pioneer and an example for other countries that seek alternatives for inclusion and innovation.

For her part, Doris Palmi González, who also runs a firm linked to bitcoin and sustainable funds, described as «valuable» the knowledge she has obtained in the sessions that began on May 30 and ended yesterday.

«We are going to be able to transfer this experience and the work model that President Bukele has to many young people, so we will be able to replicate it. The president is a great reference in Peru, since he has supported the issue of cryptocurrency and more Bitcoin City, which is an interesting project, » said Palmi.

Crypto entrepreneurs will also take a tour of El Zonte beach, known as Bitcoin Beach, in La Libertad, to verify the implementation and initiatives that are being promoted in the popular tourist destination, one of the first in the country to start managing wallets.

«In Peru they are really interested in learning about the implementation of bitcoin in El Salvador as well as corroborating the opportunities that have placed our country at the center of the world of digital currencies to be able to invest and do business,» said the ambassador of El Salvador in the South American country, Pablo Caballero.

This is the second international delegation of crypto investors to arrive in the country in recent weeks. The government also recently received a group of Colombian specialists.