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El Salvador will host Bitcoin Conference and more than 40 countries are invited to it

El Salvador will host Bitcoin Conference and more than 40 countries are invited to it

Sanjay Goenka 721 18 May 2022

El Salvador will organise a Bitcoin Conference and the nation invited more than 40 other countries including Central Bank representatives and Country officials.

Highlights

  • The President of El Salvador is known to be the Bitcoin Maximalist
  • The object of the conference will be to showcase the advantages of Bitcoin
  • The country added another 500 BTC to its treasury

Also Read: Bitcoin issue of 'Sovereignty' says El Salvador Government, rejects IMF call to drop Bitcoin use

President of El Salvador, Nayib Bukele has released an announcement that the country is going to host an international conference of central bank representatives. The nation will host an international Bitcoin event in which a total of 42 central banks and major financial institutions have been invited.

The country will organise a conference on the use of cryptocurrencies like Bitcoin and also will talk about the adoption of Bitcoin in El Salvador and what will be the impact on areas like financial inclusion, digital economy, and banking for the unbanked.

The event is said to be attended by several countries such as Paraguay, Angola, Ghana, Namibia, Uganda, Guinea, Madagascar, Haiti, Burundi, Eswatini (Switzerland), Jordan, Gambia, the Honduras, Maldives, Rwanda, Nepal, Kenya, Pakistan, Costa Rica, Ecuador, Egypt, Nigeria, Senegal, Dominica, Mauritania, Congo, Armenia, and Bangladesh.

The said conference will go for three days and it will be organised with the collaboration of the Alliance for Financial Inclusion and The Central bank of El Salvador.

Also Read: The international crypto regulatory body said to form next year to make better rules


Sanjay Goenka

Student

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