Nayib Bukele says 44 countries to meet in El Salvador to discuss bitcoin

Nayib Bukele, the president of El Salvador, tweeted late Sunday that 44 countries will meet in El Salvador on Monday to discuss bitcoin, among other things.

"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.

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

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It is unclear whether these countries are meeting explicitly to discuss bitcoin or what the full agenda is.

Bukele's tweets come a day after the Twitter account "Bitcoin Beach" said several countries are flying to El Salvador, officially confirming the meeting. The Bitcoin Beach account describes itself as "the little community that helped Orange Pill the world's first Bitcoin nation" in its Twitter bio.

El Salvador became the first nation to adopt bitcoin as a legal tender last September. It also holds the cryptocurrency on its balance sheet, having accumulated over 2,000 bitcoins to date (worth over $60 million at current prices).

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Yogita Khatri is a senior reporter at The Block, covering all things crypto. As one of the earliest team members, Yogita has played a pivotal role in breaking numerous stories, exclusives and scoops. With nearly 3,000 articles under her belt, Yogita holds the records as The Block's most-published and most-read author of all time. Prior to joining The Block, Yogita worked at crypto publication CoinDesk and The Economic Times, where she wrote on personal finance. To contact her, email: [email protected]. For her latest work, follow her on X @Yogita_Khatri5.