President Nayib Bukele has announced that 32 central banks and 12 financial authorities will travel to El Salvador for a meeting on bitcoin (BTC). This meeting is taking place today.
Meeting on bitcoin in El Salvador, massive involvement of central banks
Late Sunday night, the President of El Salvador tweeted that a BTC meeting would be held on May 16 in his country. 32 central banks and 12 financial authorities representing 44 countries will discuss:
- bitcoin deployment in El Salvador and the challenges facing the country;
- financial inclusion;
- banking people who did not previously have banks;
- Digital Economy.
In follow-up tweets, Bukele provided a list of attendees.
Central banks:
- Central Bank of São Tomé and Príncipe;
- Central Bank of Paraguay;
- Bank of Uganda;
- Central Bank of the Republic of Guinea;
- Central Bank of Madagascar;
- Bank of the Republic of Haiti;
- Central Bank of Burundi;
- Eswatini Central Bank;
- Central Bank of Jordan;
- Central Bank of Gambia;
- Honduras National Banking and Insurance Committee;
- State Bank of Pakistan;
- National Bank of Rwanda;
- Rastra Bank Nepal;
- Central Bank of El Salvador.
Financial authorities:
- Eswatini Ministry of Finance;
- Directorate General of Treasury Madagascar;
- Madagascar Ministry of Finance and Budget;
- Maldives Monetary Authority =.
- Regulatory Authority of Sacco Societies (SASRA) of Kenya;
- General Supervision of Financial Entities in Costa Rica;
- Supervision of Ecuador’s Common Economy and Solidarity.
El Salvador, the first country to adopt bitcoin
Last Friday, Bitcoin Beach previewed this BTC meeting via Twitter. Here’s what was announced:
“Central bankers from Angola, Armenia, Bangladesh, Burundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Namibia, Senegal, Sudan, Uganda, Zambia and 25 countries are emerging Another development on board a plane today to fly to El Salvador.»
In addition, shortly after President Bukele’s official announcement, Bitcoin Beach tweeted again on a world map showing the countries participating in this bitcoin meeting. Read the tweet “Probably nothing“.
Note that it took more than 12 years after the creation of the first block of bitcoin to see a country adopt the cryptocurrency. It was El Salvador, which, despite criticism and irony, has not given up so far. Recently, the Central African Republic has followed suit. Most likely, Panama will add to this small list for fear that the president of the country recently signed the bitcoin law.
Today, several countries around the world will gather in El Salvador for a meeting on bitcoin. And this despite the mistrust of some developed countries or the crypto market crisis. Also bear in mind that the Bukele government has just recently offered us 500 BTC to convict and prove its confidence in cryptocurrencies. Financial freedom can be bought.
Source: Bitcoin Journal
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Mikaia ANDRIAMAHAZOARIMANANA
The blockchain and crypto revolution is underway! And on the day when the impacts on the most fragile economy in this World are felt, against all odds, I will say that I was involved.
