Regulation
Argentina and El Salvador Explore Bitcoin Regulation
The heads of the Argentine Securities Commission, Roberto E. Silva and Patricia Boedo, met to discuss with the head of El Salvador’s CNAD, Juan Carlos Reyes, Bitcoin regulation and its use. El Salvador became the first country to adopt Bitcoin as legal tender in 2021.
Dr. Silva said that El Salvador is actually one of the most advanced countries in crypto adoption; he also recognized the president’s act of initiating the CNAD. He highlighted Argentina’s interest in concluding a framework cooperation agreement to explore the experience of El Salvador.
Juan Carlos Reyes too contributed to the debate, in which he recognized Argentina’s participation in the technological field. He said,
“Argentina is a pioneer in technology, and the National Securities Commission understands and wants to work effectively with the sector and create appropriate regulations. We appreciate the approach of the National Digital Assets Commission of El Salvador, as an innovative supervisory authority with experience in the digital assets sector, responsible for applying a robust regulatory framework in this matter.
It is interesting to see countries willing to work together and share experiences to improve the crypto space.
Read also: B2C2 expands to Singapore to strengthen its presence in the APAC region