- El Salvador president Nayib Bukele shares a list of 44 countries set to discuss Bitcoin in a meeting.
- Central banks of developing countries are meeting in El Salvador to decide how to adopt Bitcoin in their financial inclusion plans.
- Analysts believe a Bitcoin price rally beyond $31,800 would be massive, reveal a bullish outlook on the asset.
Bitcoin price started recovering after the bloodbath with Salvadoran President Nayib Bukele's announcement of 44 countries attending a meeting to understand how to include BTC in their financial plans. Bitcoin price made a comeback above $30,000, starting its upward climb.
Bitcoin price crosses $30,000 ahead of BTC meeting in El Salvador
President Nayib Bukele of El Salvador announced a meeting of 44 countries to discuss Bitcoin and financial inclusion. Bukele revealed that 32 central banks and 12 financial authorities are meeting in El Salvador, and the agenda is the digital economy and banking for the unbanked.
El Salvador's adoption of Bitcoin as a legal tender has introduced several benefits in the country, and authorities are keen on collecting further information to develop their strategy to include Bitcoin in their economy and economic expansion plans.
Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country.
— Nayib Bukele (@nayibbukele) May 16, 2022
