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Argentine authorities are working with El Salvador, a country known for its Bitcoin adoption, to promote adoption of the digital asset. According to an official report from the Argentine National Securities Commission (CNV), CNV President and Vice President, Roberto Silva and Patricia Boedo, had a meeting with Juan Reyes, President of the National Digital Assets Commission of El Salvador (CNAD), to discuss El Salvador's experience in adopting Bitcoin.
Silva and Boedo discussed the growing trend of cryptocurrency usage globally, sharing ideas with Reyes about El Salvador's development. Silva stated: "El Salvador has become one of the pioneers not only in the use of bitcoin, but also in the field of digital assets... We want to strengthen our relationship with the Republic of El Salvador and will consider the possibility of signing a cooperation agreement with them."
Argentina is also gradually becoming more Bitcoin friendly over time. Recently, the Argentine Ministry of Foreign Affairs legalized the use of Bitcoin to settle legally enforceable contracts and make payments within the country. Besides this, Argentina also launched the Registry of Virtual Asset Service Providers, a regulatory body dedicated to the cryptocurrency industry in the country.
The meeting between officials from Argentina and El Salvador marks an important step forward in efforts to promote the development of cryptocurrencies in both countries.
