Saturday, December 10

Paxful Opens Crypto Education Center in El Salvador


The conversion of bitcoin (BTC) as legal tender in The Savior in June 2021 it was only the first link in a project that seeks to strengthen cryptocurrency in the country’s economy. In pursuit of this objective, the government headed by Nayib Bukele has launched other more comprehensive projects, such as the recent educational center opened by Paxful.

The exchange opened “The House of Bitcoin”, a center that offers training and educational events for salvadorans with the aim of promoting crypto adoption in the country and publicize the benefits of BTC as a current payment currency. It is located in the city of San Salvador, and will also house some offices of Paxful and the Built With Bitcoin Foundation.

The hub will further fuel the next wave of mass Bitcoin adoption and equip growing segments, such as small merchants and local businesses, with tools to connect to a global community of users”, reads the statement published by the company.

Read more: ► The reason why Bukele expects a “giant jump” in the price of bitcoin

Starting today, Thursday, February 3, the classes will be available for free, since you are looking for provide education, accessibility and opportunities to a population that has been ignored by traditional finance, according Ray Youssef, CEO of Paxful.

The hub will demonstrate the real benefits of Bitcoin for emerging markets.

On the other hand, the director of the Built With Bitcoin Foundation, Yusuf Nessary, issued a statement in which it celebrated the formation of the new center and highlighted Bitcoin What a philanthropic tool to help change and promote financial freedom. And I add: “We are grateful for the opportunity to deliver resources and continue to create equitable opportunities for countless people and communities”.

 

Keep reading:

► Nayib Bukele: “The price of Bitcoin will reach USD 100K in 2022”

► “More countries will invest part of their reserves in bitcoin in 2022”

► The three countries that could adopt bitcoin as legal tender in 2022

 

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