Search on TFTC
El Salvador Launches Bitcoin Training for 80,000 Public Servants

El Salvador Launches Bitcoin Training for 80,000 Public Servants

Aug 21, 2024
Bitcoin

El Salvador Launches Bitcoin Training for 80,000 Public Servants

El Salvador has announced a comprehensive Bitcoin certification program aimed at training 80,000 public servants. This initiative, led by the National Bitcoin Office (ONBTC), is part of the country's broader strategy to integrate Bitcoin into its financial and governance systems.

The program will be conducted by the Higher School of Innovation in Public Administration (ESIAP), an institution established by President Nayib Bukele in 2021. The training, titled "Certification in Public Administration 1," consists of a 160-hour virtual course divided into seven modules. These modules will cover various aspects of Bitcoin, including its strategic management, public policy implications, and legal framework.

Stacy Herbert, Director of ONBTC, emphasized the long-term benefits of this initiative, stating that the education projects are "low time preference commitments to the long-term success of El Salvador and its Bitcoin policy." The program aims to equip civil servants with the knowledge and skills necessary to manage and implement Bitcoin-related policies effectively, contributing to the nation’s economic growth and digital transformation.

The move is part of El Salvador's ongoing efforts to leverage Bitcoin as a tool for economic development. Since making Bitcoin legal tender in September 2021, the country has been at the forefront of adoption. The government’s commitment to educating its workforce underscores its determination to maintain high standards in both governance and digital finance.

The certification program is expected to have a "compounding effect" on El Salvador’s economy, as trained public servants will be better equipped to handle the complexities of Bitcoin and other digital assets. This, in turn, is anticipated to enhance the nation’s overall proficiency in emerging capital markets.

In addition to domestic advancements, El Salvador’s success with Bitcoin has attracted international attention. Recently, Argentina’s National Securities Commission (CNV) engaged with El Salvador’s National Commission of Digital Assets (CNAD) to learn from its experience in Bitcoin adoption. This collaboration highlights the growing influence of El Salvador’s Bitcoin strategy on other countries facing economic challenges.

El Salvador in English Article

Cointelegraph Article

Current
Price

Current Block Height

Current Mempool Size

Current Difficulty

Subscribe