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President Nayib Bukele Announces A Meeting Of 44 Countries In El Salvador To Discuss Bitcoin

El Salvador’s President Nayib Bukele stated on Twitter that a meeting of 32 central banks and 12 financial authorities from 44 nations will take place on Monday, May 16, to address financial inclusion, the digital economy, banking the unbanked, and the country’s Bitcoin rollout and benefits.

President Nayib Bukele Announces A Meeting Of 44 Countries In El Salvador To Discuss Bitcoin

In subsequent tweets, the president announced that the Central Bank of So Tomé and Prncipe, the Central Bank of Paraguay, the National Bank of Angola, the Bank of Ghana, the Bank of Namibia, the Bank of Uganda, the Central Bank of the Republic of Guinea, the Central Bank of Madagascar, the Bank of the Republic of Haiti, and the Bank of the Republic of Burundi, as well as the Central Bank of Eswatini and its Ministry of Finance, the Central Bank.

The National Bank of Rwanda, Nepal Rastra Bank, Kenya’s Sacco Societies Regulatory Authority (SASRA), the State Bank of Pakistan, Costa Rica’s General Superintendency of Financial Entities, Ecuador’s Superintendence of the Popular and Solidarity Economy, and El Salvador’s Central Bank will also be in attendance, according to Bukele.

On Friday, May 13, the Twitter account for Bitcoin Beach announced that “Central bankers from Angola, Armenia, Bangladesh, Burundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Namibia, Senegal, Sundan, Uganda, Zambia and 25 other developing countries are getting on planes today to fly to El Salvador.”

Not long after President Nayib Bukele’s official announcement

President Nayib Bukele Announces A Meeting Of 44 Countries In El Salvador To Discuss Bitcoin

Bitcoin Beach tweeted out a map of the world that seemingly has countries who have either adopted Bitcoin already and or are attending Monday’s meeting filled in with color, saying “Probably nothing.”

The first country to embrace Bitcoin took 12 years, the second took about 8 months, and if Panama’s president puts a recent Bitcoin bill into law, they will be the third only a month after the second. Country from all around the world are currently gathering in El Salvador to discuss financial inclusion and how Bitcoin adoption might benefit their own countries.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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