Argentina's National Securities Commission (CNV) confirmed over the weekend that Argentine regulators are in talks with their counterparts in El Salvador regarding the adoption of Bitcoin (BTC).
Argentine Regulators Begin Bitcoin Talks with El Salvador Authorities
According to an official statement from CNV and a report by Criptonoticias, senior officials from Argentina met with the head of El Salvador's National Digital Assets Commission last week.
The talks focused on evaluating potential cooperation agreements related to digital assets.
CNV President Roberto Silva and Vice President Patricia Boedo traveled to El Salvador to understand the government's approach to BTC regulation.
The purpose of their visit was to strengthen ties with the Salvadoran government and explore opportunities for cooperation, and they placed Bitcoin at the center of their conversations.
“We want to strengthen our ties with El Salvador. Therefore, we will explore the possibility of signing cooperation agreements with the Salvadoran government,” said CNV Vice President Boedo.
This visit follows Boedo's preliminary technical meetings in El Salvador in March.
Juan Carlos Reyes, President of El Salvador's National Commission for Digital Assets (CNAD), emphasized Argentina's leading role in the technology sector.
He expressed interest in working effectively with the Bitcoin and digital assets industries to create appropriate regulations.
Reyes said: “Argentina is a pioneer in the technology sector. CNV wants to work efficiently with the Bitcoin and digital assets industries and establish appropriate regulations.”
The agreement with El Salvador is seen as a potential positive development for Argentina's Bitcoin and crypto communities.
*This is not investment advice.