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El Salvador, the first country to adopt Bitcoin as legal tender in September 2021, under the leadership of President El Salvador, will host one of the biggest discussions based on Bitcoin, the world’s biggest cryptocurrency, amidst the ‘crypto winter’ that investors are witnessing currently.
Major discussions to be held in El Salvador
The President of El Salvador, Nayib Bukele, took to Twitter to announce the official discussion on financial inclusion, digital economy, banking the unbanked, El Salvador’s Bitcoin rollout, and its benefits in the country. It is also important to note that 32 central banks and 12 financial authorities from 44 countries will participate in the discussion.
In the follow-up tweets, Bukele revealed that the Central Bank of São Tomé and Príncipe, Central Bank of Paraguay, National Bank of Angola, Bank of Ghana, Bank of Namibia, Bank of Uganda, Central Bank of the Republic of Guinea, Central Bank of Madagascar, Bank of the Republic of Haiti, and the Bank of the Republic of Burundi, Central Bank of Eswatini and its Ministry of Finance, Central Bank of Jordan, Central Bank of The Gambia, National Committee of Banks and Seguros of Honduras, Directorate General of Treasury, Ministry of Finance and Budget, Madagascar, and the Maldives Monetary Authority would all be attending the meeting.
Furthermore, the central banks that will attend the meet-up include the National Bank of Rwanda, Nepal Rastra Bank, Sacco Societies Regulatory Authority (SASRA), Kenya, State Bank of Pakistan, General Superintendency of Financial Entities of Costa Rica, Superintendence of the Popular and Solidarity Economy of Ecuador, and the Central Bank of El Salvador.
Bitcoin adoption across the world
As per the previous report from Cryptonary, the second nation in the world to adopt Bitcoin as legal currency was the Central African Republic under the leadership of President Faustin-Archange Touadéra, on the other hand, once the President of Panama, Nito Cortizo, signs the official bill, Panama will become the third nation to legalize BTC.
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