El Salvador President Nayib Bukele announced on Twitter late Sunday night that a meeting of 32 central banks and 12 financial authorities from 44 countries will take place on Monday, May 16, to discuss financial inclusion, the digital economy, banking the unbanked, and El Salvador’s Bitcoin rollout and benefits.
Among those taking part are the Central Bank of São Tomé and Príncipe, Central Bank of Paraguay, National Bank of Angola, Bank of Ghana, Bank of Namibia, Bank of Uganda, Central Bank of the Republic of Guinea, Central Bank of Madagascar, Bank of the Republic of Haiti, and the Bank of the Republic of Burundi, Central Bank of Eswatini and its Ministry of Finance, Central Bank of Jordan, Central Bank of The Gambia, National Committee of Banks and Seguros of Honduras, Directorate General of Treasury, Ministry of Finance and Budget, Madagascar, and the Maldives Monetary Authority.
Also in attendance will be the National Bank of Rwanda, Nepal Rastra Bank, Sacco Societies Regulatory Authority (SASRA), Kenya, State Bank of Pakistan, General Superintendency of Financial Entities of Costa Rica, Superintendence of the Popular and Solidarity Economy of Ecuador, and the Central Bank of El Salvador.
Just a couple of days before, Bitcoin Beach confirmed on Twitter that “Central bankers from Angola, Armenia, Bangladesh, Burundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Namibia, Senegal, Sudan, Uganda, Zambia, and 25 other developing countries are getting on planes today to fly to El Salvador.”
It took 12 years for the first country to embrace Bitcoin, 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. Countries from all around the world are currently gathering in El Salvador to discuss financial inclusion and how Bitcoin adoption might benefit their own countries.