El Salvador Bolsters Bitcoin Investment Strategy With Certification Offering

The National Bitcoin Office (ONBTC), a part of the Presidential office of El Salvador, has recently made a significant announcement. Today, the ONBTC today revealed that it is readying to initiate a nationwide Bitcoin instruction and certification drive, scoping in on the country’s civil servants. This decision comes as an effort to revolutionize the country’s ongoing Bitcoin investment plans, echoing a bustle across the broader market.

El Salvador To Offer ‘Bitcoin Instructions & Certification’ To Civil Servants

According to an official announcement by the ONBTC on X today, August 21, the nation will soon start offering BTC instructions and certification to nearly 80,000 public servants. This effort aims to educate and certify a substantial number of Salvadoran civil servants about BTC. In turn, the effort seeks to ensure that government employees remain well-versed in the flagship crypto-related operations.

Meanwhile, the ONBTC also plans to amalgamate open-source BTC-related courses into public school curriculums. Notably, two particular courses to be initially rolled out in schools include “Mi Primer Bitcoin” (My First Bitcoin) and “Node Nation.”

The two courses facilitate the basics of BTC, blockchain technology, and technical aspects such as operating a BTC node. Altogether, this development echoed optimism nationwide, with El Salvador further reinforcing its commitment towards the flagship coin.

Additionally, it’s worth noting that El Salvador previously revealed plans for a whopping $1.6 billion investment in the Bitcoin city. Meanwhile, the crypto’s price tackles market turbulence, stirring further investor speculations globally.

BTC Price Tackles Turbulence

Despite the token gaining significant traction globally, market bears have prevented the coin from scaling new heights post-halving. At press time, the BTC price rested at $59,349, a 2% dip in the past 24 hours. Its intraday lows and highs are $58,610.88 and $60,976.82, respectively.

Coinglass data shows a 2.5% dip in BTC futures OI to $30.62 billion today. However, the derivatives volume soared 9% to $57.24 billion, fueling contrasting market sentiments.

Simultaneously, Mt Gox again shifted a whopping 1,265 BTC to Bitstamp today, per SpotonChain data, aligning with the coin’s slumping movement. Nevertheless, it’s also worth mentioning that Galaxy Digital bagged a whopping $82 million worth of BTC recently.

✓ Share:

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.