Bitcoin Mogul Mow Creates New Company, inks El Salvador Deal

Bitcoin entrepreneur Samson Mow on has created a Bitcoin adoption promoter company called Jan3.

Mow said Jan3 has signed a memorandum of understanding to develop digital infrastructure in El Salvador.

Mow worked as an advisor to Salvadoran President Nayib Bukele for a $1 billion bitcoin-backed bond issue.

Mow said it was too early to put a monetary value on the deal.

The name of the company is a reference to January 3, 2009, the day the bitcoin network came into existence.

El Salvador adopted bitcoin as legal tender last year.

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