23 African Central Banks to Participate in Bitcoin Discussions with El Salvador

*Africa continent map with bitcoin crypto currency symbol illustration*

Top government authorities, including Central Banks and Ministries of Finance, will be attending a meeting convened by El Salvador on the future of Finance.

According to the President of El Salvador, Nayib Bukele, 32 Central Banks will headline the event that will discuss the rollout of Bitcoin in his country as well as other details.

Here is the announcement that was made on Twitter:

Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country.
— Nayib Bukele (@nayibbukele) May 16, 2022

______________________________________________________________________

SEE ALSO: DRC Startup, Jambo, Raises $30 Million to Expand Web3 Education in Africa

______________________________________________________________________

Countries from Africa are the majority in the conference, with the following Central Banks representing their countries according to tweets posted by Mr. Bukele:

Angola
Burundi
Congo
Egypt
Eswatini
Rwanda
Gambia
Ghana
Guinea
Lesotho
Liberia
Madagascar
Malawi
Mauritanie
Morocco
Namibia
Nigeria
Sao Tome and Principe
Sierra Leone
Senegal
Sudan
Uganda
Zambia

Other countries are represented by the Ministry of Finance, such as Zambia, which would have officials from two top government authorities attending the meeting in El Salvador. This is the same for Eswatini and Senegal.

For Kenya, Sacco Societies Regulatory Authority (SASRA) Kenya will be having officials at the meeting.

On September 7, 2021, El Salvador officially adopted Bitcoin as legal tender making the cryptocurrency an accepted means of exchange for goods and services thus becoming the first country in the world to do so.

Africa’s Central African Republic became the second country in the world to adopt bitcoin, when it did so in late April 2022.

______________________________________________________________________

RECOMMENDED READING: 3 Francophone African Countries Planning to Enable Crypto Payments via Telegram ($TON)

______________________________________________________________________

Thank you for your support by helping us create content:

BTC address: 3CW75kjLYu7WpELdaqTv722vbobUswVtxT

ERC20 Address: 0x03139524428e40E31f13909f8D994C915FB91277

SOL address: 9cC65AWFHj848kntcoyiT8av3jiRQEqyTTmBR1GvVUb

____________________________________________________________________

Follow us on Twitter for the latest posts and updates

Join and interact with our Telegram community

_____________________