El Salvador and the city of Lugano, Switzerland, have signed a Memorandum of Understanding on economic cooperation aimed at spreading Bitcoin adoption. The partnership between the Latin American country and the Swiss city will support “initiatives to drive the adoption of Bitcoin and other cryptocurrencies across their respective regions” as well as “fostering the exchange of students and talents between El Salvador and Lugano,” a Friday announcement by stablecoin issuer Tether said. El Salvador will also open a “Bitcoin office” in Lugano to spread adoption of the cryptocurr ...
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