El Salvador is pushing forward with its Bitcoin adoption plans by offering comprehensive Bitcoin education and certification to 80,000 public servants. This ambitious program is part of a broader national strategy to integrate Bitcoin into the country’s governance and economy.
Stacy Herbert, Director of El Salvador’s National Bitcoin Office, announced the new Bitcoin module as part of the Higher School of Innovation in Public Administration (ESIAP). This initiative, established by President Nayib Bukele in 2021, aims to equip public servants with the knowledge and skills to navigate the world of Bitcoin.
“Thousands of El Salvador’s civil servants will soon receive the highest standard of instruction on Bitcoin,” Herbert stated. “And this will have the compounding effect of excellence begetting more excellence in El Salvador, the home of new capital markets on Bitcoin.”
This latest development follows El Salvador’s pioneering move to adopt Bitcoin as legal tender in 2021. Since then, the country has made significant progress in integrating Bitcoin into its public administration and economic infrastructure. In June, President Bukele proposed the creation of a Bitcoin bank, further solidifying the country’s commitment to the cryptocurrency.
Moreover, El Salvador’s ambitious ‘Bitcoin City’ project has attracted a $1.6 billion investment from a Turkish company, marking the largest private investment in the nation’s history. The project aims to build a Bitcoin-powered city with energy-efficient infrastructure and a focus on sustainability.
El Salvador has also adopted a plan to purchase one Bitcoin every day, and currently holds 5,849.76 BTC, worth more than $355 million in reserves.
This ongoing commitment to Bitcoin education and infrastructure development highlights El Salvador’s determination to become a leader in the global cryptocurrency space. The country’s bold moves and ambitious vision continue to draw attention and inspire other nations considering similar initiatives.
