Argentina and El Salvador discussed cooperation in regulating Bitcoin
Date: 2024-05-27 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
The President of the Argentine National Securities Commission (CNV), Roberto Silva, and the Vice President, Patricia Boedo, met with the head of the National Commission for Digital Assets of El Salvador (CNAD), Juan Carlos Reyes. During the meeting, Argentine representatives were informed about the approaches of the El Salvador government to regulating Bitcoin.
Praise for El Salvador
Representatives of the Argentine regulator highly appreciated the efforts of the Salvadoran authorities to create favorable conditions for the use of the first cryptocurrency and develop legislation that promotes the development of cryptocurrency startups in the country.
Future plans
Roberto Silva emphasized Argentina's desire to strengthen ties with El Salvador and explore the possibility of signing cooperation agreements in the field of cryptocurrency regulation. “We want to strengthen ties with El Salvador. Therefore, we will explore the possibility of signing cooperation agreements with the government of El Salvador,” Silva said.
Salvador's comment
Juan Carlos Reyes noted that Argentina is a pioneer in the technology sector in South America and expressed confidence in continued cooperation between the countries to create transparent conditions in the crypto industry. “Argentina is a pioneer in the technology sector in South America and we will continue to collaborate to create a transparent environment for the crypto industry,” said Reyes.
El Salvador initiatives
Earlier, the State Office of Bitcoin in El Salvador (ONBTC) announced the opening of a public mempool that allows everyone to view the reserves of the first cryptocurrency, highlighting the country's commitment to transparency and openness regarding digital assets.
Thus, Argentina and El Salvador are taking important steps towards cooperation to regulate and develop the cryptocurrency industry, seeking to create favorable conditions for the adoption and use of Bitcoin.
