Michele Crivelli, founder of NexBridge, a digital asset firm, stated that the United States is mirroring El Salvador's approach to crypto regulation. He emphasized the need for an independent regulatory body and highlighted the US's establishment of a Working Group on Digital Asset Markets. This initiative parallels El Salvador's 2021 creation of a commission for digital asset legal frameworks. Crivelli believes that smaller countries like El Salvador will lead the way in digital asset adoption, paving the path for larger nations such as the US. He further noted that major asset managers view the gradual accumulation of Bitcoin by countries like El Salvador and Bhutan as a significant trend. Despite pressure from the IMF, which led to a repeal of Bitcoin's legal tender law in early 2025, El Salvador continues to acquire Bitcoin, maintaining a total of over 6,051 BTC. The country is also attracting Stablecoin issuer Tether, which plans to launch operations there due to favorable regulatory conditions.

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