New Bitcoin Conference to be Held in El Salvador!

Bitcoin It has been announced that a new Bitcoin conference will be held towards winter in El Salvador, the first country to accept it as an official currency.

“Adopting Bitcoin” The conference, called the conference, will be held in the Bitcoin Beach region of the country between November 15-17. The main organizer of the conference is Bitcoin Beach will be the Galoy company operating in the region.

galley Inc CEO Nicolas Burtey said about the planned conference:

“No one expected an independent country to accept Bitcoin as legal currency. This event completely changed the view on cryptocurrencies both in the country and in the world. Salvador has taken an important step towards becoming the Singapore of the Central American continent.”

The Adopting Bitcoin conference also has a sponsor from the stock market. The world’s largest cryptocurrency exchanges Bitfinexbecame the main sponsor of the event.

That’s right! El Salvador here I come!!! 🇸🇻🇸🇻🇸🇻 https://t.co/kOqwAUB3pO

— Paolo Ardoino 🕳🥊 (@paoloardoino) September 26, 2022

Bitfinex and Tether CEO Paolo Ardorino spoke about the event:

“Bitfinex wants to contribute to Salvadoran citizens achieving financial freedom with cryptocurrencies. I am proud to announce that we are the main exchange sponsor of the Bitcoin Adoption event.”

Bitcoin Country: El Salvador

El Salvador, which added Bitcoin to the official currencies of the country last year, sat on the agenda of the world after the news. Many central financial institutions, especially the World Bank and the IMF, are quite uncomfortable with Salvador’s initiative. In the process, many credit rating agencies severely lowered the country’s credit rating.

However, El Salvador President Nayib Bukele is not backing down from the country’s investments in Bitcoin. Work continues at full throttle for the distribution of bonds by mining Bitcoin with thermal energy in the country.