Late Sunday evening, Salvadoran President Nayib Bukele announcement on Twitter that 32 central banks and 12 financial authorities from 44 countries are to meet on Monday, May 16 to discuss financial inclusion, the digital economy, banking for the unbanked, Bitcoin rollout in El Salvador, and its advantages in the country.
In monitoring tweetthe President announced that 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, the Central Bank of the Republic of Guinea, the Central Bank of Madagascar, the 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 Gambia, National Committee of Banks and Seguros of Honduras, Directorate General of Treasury, Ministry of Finance and Budget of Madagascar and Monetary Authority of Maldives will be among those attending.
Bukele added National Bank of Rwanda, Nepal Rastra Bank, Sacco Societies Regulatory Authority (SASRA) of Kenya, State Bank of Pakistan, General Superintendency of Financial Entities of Costa Rica, Superintendency of Popular and Solidarity Economy of Ecuador and the Central Bank of El Salvador will also be present.
On Friday, May 13, the Bitcoin Beach Twitter account announcement that “central bankers from Angola, Armenia, Bangladesh, Burundi, Congo, Costa Rica, Egypt, Gambia, Ghana, India, Namibia, Senegal, Sundan, Uganda, Zambia and 25 other developing countries fly to El Salvador today.”
Shortly after President Bukele’s official announcement, Bitcoin Beach tweeted a world map that appears to have countries that have already adopted Bitcoin and or attend Monday’s meeting filled with colors, saying “Probably nothing”.
It took 12 years for the first country to adopt Bitcoin, about 8 months for the second, and if the President of Panama signs his recent Bitcoin bill, he will not be the third until about a month after the second. Today, countries from around the world are meeting in El Salvador to discuss financial inclusion and how bitcoin adoption can benefit their countries.
Little by little, then all of a sudden.