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El Salvador to Launch Bitcoin Certification for Public Servants

Chris Lion
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Last updated:
21 August 2024 @ 13:19 UTC
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El Salvador’s government plans to upskill 80,000 employees with a Bitcoin certification program focused on strategic management and public policy.

The National Bitcoin Office (ONBTC) of El Salvador has announced plans to train and provide Bitcoin instruction and certifications to 80,000 public servants.

The certification program aims to equip public servants with comprehensive knowledge of Bitcoin, blockchain technology, and the strategic management and public policies around Bitcoin.

Bitcoin Certification as a Game Changer

According to government officials, the program will cover seven modules, each explaining several concepts, including laws, skills, and management related to using Bitcoin as a legal tender.

The initiative is also expected to improve the government’s ability to manage and promote Bitcoin-related activities, ensuring that public servants are well-versed in the complexity of digital assets.

The Bitcoin certification program is viewed as a solution to the challenges that have emerged since the adoption of the crypto asset. Through training public servants, the government seeks to simplify Bitcoin’s complexities and ensure that its workforce can make informed decisions that will benefit the nation.

Stacy Herbert, director of ONBTC, believes that training public servants will create a “compounding effect” on El Salvador’s Bitcoin-powered economy. With this in mind, she intends to introduce additional educational initiatives. She stated:

“These education projects are very low time preference commitments to the long-term success of El Salvador and its Bitcoin (and tech) policy.”

The Bitcoin certification program is administered by the Higher School of Innovation in Public Administration (ESIAP), an institution that the El Salvadoran president, Nayib Bukele, established in August 2021.

According to ONBTC, the curriculum is tailored to elevate the standard of excellence in governance and public administration in El Salvador.

Argentina Learns from El Salvador’s Bitcoin Adoption

El Salvador’s financial achievements with Bitcoin adoption have drawn the interest of global economies struggling with hyperinflation.

In May, for example, Argentina’s government started collaborating with El Salvador to understand its approach to Bitcoin adoption and other crypto initiatives. Argentina’s securities regulator, the National Securities Commission (CNV), also discussed with El Salvador’s National Commission of Digital Assets (CNAD) to explore crypto adoption and regulatory strategies in both nations.

Argentina introduced the Registry of Virtual Asset Service Providers, a regulatory body dedicated to the local crypto sector.

Chris Lion

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Data analyst cum crypto writer.

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