The president of El Salvador, Nayib Bukele, announced that 32 central banks and 12 financial authorities from countries around the world would arrange a meeting in the country to share their thoughts on Bitcoin.

As the crypto ecosystem in general, Bitcoin has seen a sharp decline following Luna’s UST stable coin crash, which lost parity with the dollar to reach USD 0 levels. Thousands of people lost their funds and investments due to this enormous crisis, including nations like El Salvador and companies like Tesla.

Amid this uncertain panorama, the president of El Salvador, Nayib Bukele, revealed on Twitter that 32 central banks and 12 financial authorities from 44 countries would meet in his nation to carry on various debates about financial inclusion.

The leader also discussed some subjects that would get addressed in the meeting; these subjects are improvements in the digital economy, banking, Bitcoin in El Salvador, and its advantages for the nation.

Countries Attending El Salvador Event

In the thread, he also announced which countries would assist in the event: the Central Bank of São Tomé and Príncipe, the Central Bank of Paraguay, the National Bank of Angola, the Bank of Ghana, the Bank of Namibia, the Bank of Uganda, Republic of Guinea, the Central Bank of Madagascar.

Other nations present at the event are the Bank of the Republic of Haiti, the Bank of the Republic of Burundi, the Central Bank of Eswatini and its Ministry of Finance, the Central Bank of Jordan, the Central Bank of the Gambia, the National Committee for Banks and Insurance of Honduras, among others.

In another tweet, the Salvadoran president added that the National Bank of Rwanda, Nepal Rastra Bank, Sacco Societies Regulatory Authority (SASRA), Kenya, State Bank of Pakistan, General Superintendence of Financial Entities of Costa Rica, Superintendence of Popular and Solidarity Economy of Ecuador.

The leader also highlighted that the central banks of Egypt, Jordan, Nigeria, Senegal, the Dominican Republic, Mauritania, Congo, Armenia, Bangladesh, and, of course, El Salvador itself also got added to the list.

Will More Countries Adopt BTC?

On Friday, May 13, the Bitcoin Beach Twitter account revealed entities like The central bankers from Angola, Armenia, Bangladesh, Burundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Namibia, Senegal, Sudan, Uganda, Zambia would meet in El Salvador.

Bitcoin Beach alluded to the International Monetary Fund, saying that a meeting of this nature means nothing, but immediately presented the world map highlighting the number of nations present at the event.

Twelve years after the birth of the leading crypto, El Salvador became the first nation to accept bitcoin as legal tender. Eight months later, the Central African Republic did, and Panama could become the third territory to get it if the president of that Central American nation signed his recent Bitcoin bill.

In this meeting, countries from all over the world met in El Salvador to discuss financial inclusion and how the adoption of Bitcoin can benefit them.

By: Jenson Nuñez

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