NEW: El Salvador Will Become Financial Hub Fueled By Bitcoin, Says VanEck

Gabor Gurbacs, strategy adviser at VanEck, suggests El Salvador has the potential to emulate Singapore’s financial success in the Americas. He envisions capital investment and immigration as catalysts for the country’s economic growth, echoing Singapore’s late 1990s development. This optimism follows a post by Bitcoin advocate Max Keiser, highlighting El Salvador as “The New Land of the Free,” citing Bitcoin’s legal tender status, reduced crime, scenic beaches, and great coffee. El Salvador’s ascent as an emerging economy, driven by President Nayib Bukele’s pro-Bitcoin policies, continues to garner attention from global investors.

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