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El Salvador is advancing its Bitcoin-driven economy by certifying 80,000 civil servants, a move expected to elevate the country's public administration through comprehensive training.
National Bitcoin Office Drives El Salvador’s Bitcoin Education
Eighty thousand El Salvadorian government workers will be trained and certified in Bitcoin by the National Bitcoin Office (ONBTC).
According to Cointelegraph, the government employee training program in the Bitcoin-friendly Central American nation aims to educate public servants on the strategic management and public policies pertaining to Bitcoin.
Comprehensive 160-Hour Course Enhances Civil Servants' Skills
Certification in Public Administration 1 is a 160-hour online course that covers seven modules covering various topics including Bitcoin as legal cash, including principles, laws, skills, and management.
“These education projects are very low time preference commitments to the long-term success of El Salvador and its Bitcoin (and tech) policy.”
According to Stacy Herbert, director of ONBTC, the Bitcoin-driven economy of El Salvador is expected to experience a "compounding effect" as a result of training civil officials. She intends to unveil other educational projects based on this belief. According to her:
“These education projects are very low time preference commitments to the long-term success of El Salvador and its Bitcoin (and tech) policy.”
ESIAP Leads Bitcoin Certification Effort
The Higher School of Innovation in Public Administration (ESIAP), which was established by President Nayib Bukele in August 2021, is responsible for the Bitcoin certification push.
The curriculum is created with the express purpose of "to strengthen the standard of excellence in governance and public administration in El Salvador," as stated by ONBTC, which is also known as "The Bitcoin Office."
Other hyperinflated economies took note of El Salvador's economic achievements when it adopted Bitcoin.
Argentina Seeks Guidance from El Salvador on Crypto Regulation
To gain insight from El Salvador's experience with Bitcoin adoption and other cryptocurrency operations, the Argentine government started collaborating with them in May.
The National Securities Commission (CNV) of Argentina and the National Commission of Digital Assets (CNAD) of El Salvador had a meeting to talk about crypto acceptance and regulation in their respective nations.
Argentina Explores Ties with El Salvador in Crypto
In the course of the discussion, CNV President Silva stated:
“We want to strengthen ties with the Republic of El Salvador, and therefore, we are going to explore the possibility of signing collaboration agreements with them.”
The Argentine government, led by Bitcoin-friendly politician Javier Milei, has been heavily experimenting with cryptocurrency since taking office in late 2023, and the country only enacted registration rules for crypto companies in April.
