Golden Finance reported that El Salvador's pro-Bitcoin President Nayib Bukele proposed to establish a private investment bank in the country. If approved, Bitcoin investors will have access to financial services with fewer restrictions than traditional banks. Milena Mayorga, the Salvadoran ambassador to the United States, wrote in an article on June 14: "As part of El Salvador's economic plan, we propose to establish a private investment bank (BPI) that can provide potential investors with diversified financing options in US dollars and Bitcoin."