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Home - News - My First Bitcoin Concludes El Salvador Program, Shifts Focus to Global BTC Education

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My First Bitcoin Concludes El Salvador Program, Shifts Focus to Global BTC Education

Hardy Zad
Last updated: November 8, 2025 9:17 am
Hardy Zad
Published: November 8, 2025
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My First Bitcoin Concludes El Salvador Program, Shifts Focus to Global BTC Education

The Bitcoin instruction campaign is concluding its domestic functionality and reconstituting for a universal objective, moving away from tutoring scholars in El Salvador to coaching instructors internationally.

My First Bitcoin, a Bitcoin instruction venture commenced in El Salvador, has terminated its partnership with the nation’s Ministry of Education and will shift from managing domestic sessions to backing worldwide Bitcoin pedagogical campaigns.

More than $27,000 scholars have been instructed face-to-face about Bitcoin BTC text102,438 by the institution—mainly in El Salvador—and it currently intends to assist instructors and collective ventures globally through publicly accessible resources and coaching instruments.

In an official announcement conveyed on Friday, My First Bitcoin declared the shift incorporates discontinuing its brick-and-mortar location in El Salvador, along with the implementation of an entirely distant employment arrangement.

“Our ambition was always to change the world, but we had to start with a single student, then a single city, then a single nation and now we are ready to raise the potential impact from 6 million people to 8 billion,”

said founder John Dennehy.

Initiated as an unaffiliated nonprofit in 2021 by American advocate and correspondent John Dennehy, My First Bitcoin provided complimentary instruction concerning Bitcoin to Salvadorans. In 2023, the institution collaborated with El Salvador’s Ministry of Education to incorporate its Bitcoin Diploma curriculum into state-run academics by 2024.

Arnold Hubach, head of public relations at My First Bitcoin, informed that their collaboration with the Ministry of Education ceased in April 2025, “without any defined justification being presented to us.” No forthcoming ventures are scheduled to take the place of the curriculum.

The shift occurs as El Salvador reassesses its Bitcoin directives subsequent to a recent accord with the International Monetary Fund IMF.

El Salvador’s Relationship with the IMF

Bitcoin was integrated by El Salvador as official currency in September 2021 and the nation commenced gathering one Bitcoin daily a few months thereafter.

In December 2024, a monetary arrangement for $1.4 billion was attained by the nation with the IMF, which comprised pledges to dismantle its Bitcoin ventures, consequently curbing its BTC amassing blueprints.

As a component of the pact, the nation’s Bitcoin law was modified by legislators in January to render BTC adoption optional for commercial enterprises.

In July, a document was disclosed by the IMF asserting that El Salvador had not acquired any fresh Bitcoin since concluding the arrangement with the IMF in December.

Notwithstanding this, the El Salvador Bitcoin Office’s web portal persists in showing logs of the administration’s repeated Bitcoin acquisitions, with reserves amounting to $6,374 BTC, valued at approximately $654.8 million at this juncture.

TAGGED:BitcoinCryptocryptocurrencyMarkets

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ByHardy Zad
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Hardy Zad is our in house crypto researcher and writer, delving into the stories which matter from crypto and blockchain markets being used in the real world.
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