El Salvador's President Pushes Emerging Countries to Adopt Bitcoin

El Salvador's President Pushes Emerging Countries to Adopt Bitcoin


El Salvador’s President Nayib Bukele is reportedly promoting the use of Bitcoin to 32 central banks and 12 financial officials representing emerging economies as host of the Alliance for Financial Inclusion (AFI) annual conference and adopted. The event, held Monday through Wednesday, covers topics such as financial inclusion and the digital economy, and the benefits of El Salvador being the first country in the world to adopt bitcoin as legal tender last year, Bukele said. According to reports, participating countries include Paraguay, Haiti, Honduras, Costa Rica, and Ecuador in Latin America; Angola, Ghana, Namibia, and Uganda in Africa; Bangladesh, Palestine, and Pakistan in Asia.

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