Originally published on: August 21, 2024
El Salvador is taking a groundbreaking step by offering Bitcoin certifications to 80,000 government employees through the National Bitcoin Office (ONBTC). This initiative aims to educate public servants on strategic management and public policies pertaining to Bitcoin, the Central American nation’s digital currency of choice.
The 160-hour virtual training program, known as Certification in Public Administration 1, consists of seven modules covering essential topics such as concepts, laws, skills, and management related to Bitcoin as legal tender. Stacy Herbert, director of ONBTC, believes that equipping civil servants with Bitcoin knowledge will fuel the country’s growing digital economy. As a result, more educational initiatives are on the horizon.
The training drive is led by the Higher School of Innovation in Public Administration (ESIAP), inaugurated by President Nayib Bukele in August 2021. ONBTC, also known as “The Bitcoin Office,” designed the curriculum to elevate governance and public administration standards in El Salvador.
El Salvador’s success in adopting Bitcoin has not gone unnoticed, as other nations facing economic challenges are turning to the Central American country for guidance. In a move to replicate El Salvador’s achievements, Argentina has been collaborating with its neighbor on Bitcoin adoption and cryptocurrency regulation. The National Securities Commission (CNV) of Argentina engaged with El Salvador’s National Commission of Digital Assets (CNAD) to exchange ideas and learn from their experiences.
As Argentina delves into the world of cryptocurrency, it has introduced registration requirements for crypto firms and explored various digital currencies. With Bitcoin-friendly figures like Javier Milei holding political offices, Argentina is positioning itself as a player in the crypto space.
El Salvador’s strides in Bitcoin adoption and training civil servants mark a pivotal moment in the global shift towards digital currencies. As the world watches these developments unfold, it’s evident that the future of finance is firmly rooted in cryptocurrency.