El Salvador Doubles Down on Bitcoin Strategy, Set to Upskill Over 80,000 Civil Servants

El Salvador's Higher School of Innovation in Public Administration is set to oversee the training of thousands of civil servants.

Advertisement
Written by Radhika Parashar, Edited by David Delima | Updated: 21 August 2024 19:50 IST
Highlights
  • El Salvador wishes to have its nationals trained in efficient BTC use
  • El Salvador sees itself as the home of new capital markets on BTC
  • In recent years, El Salvador’s pro-BTC policies have attracted Web3 firms

The IMF is reportedly withholding financial aid to El Salvador because of its pro-BTC approach

Photo Credit: X/ @PresidenciaSV

El Salvador is preparing to upskill thousands of its civil servants as part of a drive aimed at making the government's workforce more familiar with Bitcoin-related technology. Over 80,000 Salvadoran civil servants will be trained in efficiently using Bitcoin technology. Upon completion of the training, these officials will be provided with a certification. El Salvador became the first nation in the world to recognise Bitcoin as legal tender in September 2021. Since then, El Salvador's President Nayik Bukele has taken consistent steps to integrate BTC with the national financial system.

Stacy Herbert, Director of El Salvador's Bitcoin National Bitcoin Office (ONBTC) announced the government's decision on Wednesday via a post on X (formerly Twitter). “Thousands of El Salvador's civil servants will soon receive the highest standard of instruction on Bitcoin. And this will have the compounding effect of excellence begetting more excellence in El Salvador, the home of new capital markets on Bitcoin,” Herbert said.

In 2021, President Bukele established the Higher School of Innovation in Public Administration (ESIAP). The country's BTC certification initiative will be overseen by the institute, and the curriculum of the training programme has been curated to make Bitcoin a prominent part of El Salvador's governance and public administration practices.

Advertisement

Elaborating on the initiative, the official ESIAP site said 160 hours of training material has been designed as part of the course, while some part of the training will be conducted virtually. The institute is yet to announce a commencement date for the training programme.

Advertisement

In recent years, El Salvador's pro-BTC policies have prompted the Web3 sector to look for business opportunities in the country. In May, Jack Dorsey-backed Bitcoin mining pool Ocean set up its headquarters in El Salvador. Binance also expanded its business in the country in 2023.

It has been reported that the International Monetary Fund (IMF) has been withholding financial aid to El Salvador because of Bukele's pro-Bitcoin approach. Meanwhile, it does not come as a surprise that Bukele is training civil servants to be Bitcoin-ready, especially considering the potential of the cryptocurrency to generate revenue and investment in the country.

 

Also seeCryptocurrency Prices across Indian exchanges

Catch the latest from the Consumer Electronics Show on Gadgets 360, at our CES 2026 hub.

Advertisement

Related Stories

Popular Mobile Brands
  1. These Smartphones Will Be Discounted During Flipkart Republic Day Sale
  2. OnePlus Freedom Sale Slashes Prices of Phones, Tablets, and More Products
  3. Vivo X200T Confirmed to Launch in India Soon: See Expected Specs
  4. These OnePlus, Samsung Phones Will Be on Sale During Amazon's Next Sale
  5. iPhone 17 Pro, iPhone Air Will Go Sale at These Prices During Amazon's Sale
  6. Mana Shankara Vara Prasad Garu OTT Release Date Reportedly Leaked Online
  7. Best Laser Printers to Buy in India Right Now
  8. Nothing Will Open Its First Flagship Store in India Soon
  9. Poco M8 5G Review
  10. Space Forge Tests World's First Commercial Semiconductor Factory in Space
  1. ISRO’s PSLV Suffers Second Failure as Third-Stage Glitch Sends Rocket Off Course
  2. NASA Confirms First Medical Evacuation in ISS’s 25-Year History
  3. Space Forge Tests World’s First Commercial Semiconductor Factory in Space
  4. 83rd Golden Globe Awards Full List of Winners: Hamnet, The Pitt, Adolescence, and More
  5. Kirkkan OTT Release Date: When and Where to Watch This Gripping Crime Investigation Drama Online?
  6. Mana Shankara Vara Prasad Garu OTT Release Date Reportedly Leaked Online
  7. Forza Horizon 5 Is Said to Have Sold Over 5 Million Copies on PS5
  8. Realme Neo 8 Display Details Teased; TENAA Listing Reveals Key Specifications
  9. iPhone 17 Pro, iPhone 17 Pro Max, iPhone Air Discounts Revealed Ahead of Amazon Great Republic Day Sale 2026
  10. Google’s AI Overviews Giving Incorrect Medical Advice as OpenAI, Anthropic Push for Healthcare: Report
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.