Nayib Bukele Says 44 Countries to Meet in El Salvador to Discuss Bitcoin

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Nayib Bukele Says 44 Countries to Meet in El Salvador to Discuss Bitcoin

The president of El Salvador, Nayib Bukele, says that 44 countries will meet in El Salvador to discuss bitcoin.

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, wrote Bukele.

President Bukele of El Salvador is meeting with other world leaders on Monday to discuss cryptocurrencies, among other things.

El Salvador is set to host the next meeting of the Financial Stability Board (FSB), a group of G20 nations which includes several Latin American countries. The country is a major Bitcoin trading hub, and is considering digital currency regulation.

Some central banks and governments are from developing countries, including Nigeria, Egypt, Nepal, Pakistan, Bangladesh, Kenya, Uganda, Rwanda, Paraguay, Angola, Guinea and Madagascar.

It is unclear whether these countries are meeting explicitly to discuss Bitcoin or what the full agenda is. Bolivian President Evo Morales announced that his country is flying several officials to El Salvador for a summit on cryptocurrencies.

The El Salvador government has become the first nation to adopt bitcoin as a legal tender. They have also accumulated a few bitcoins, which are worth over $60 million at current prices.

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