Regulation
Charles Hoskinson sparks interest from Argentina president amid crypto talks
Charles Hoskinson, the founder of Cardano (ADA), recently caught the attention of Argentine President Javier Milei during a social media interaction. This commitment highlighted Cardano’s growing interest in expanding into Argentina. Additionally, this follows Argentina mulling over blockchain technology and crypto, especially in the context of recent regulatory measures.
Cardano’s Charles Hoskinson on expanding into Argentina
Dario Epstein, Director of Research For Traders, shared an interesting update on X (formerly Twitter). He revealed that a technology company specializing in third-generation blockchain (possibly Cardano) and focused on decentralized government had contacted him. In addition, he emphasized that the company aims to establish itself in Argentina to develop knowledge and technological applications.
Thus, Epstein enthusiastically remarked: “As the saying goes: ‘You will reap what you sow!!!’ » Additionally, Hoskinson responded to Epstein’s post by praising Argentina’s tech talent, indicating that the company in question could be Cardano. Hoskinson noted: “Over the past eight years, Argentine developers like Alan Verbner of ATIX have played an invaluable role in the development of some of Cardano.
Furthermore, he added, “Argentina is home to some of the brightest minds in our industry and it was a privilege to work with them.” Additionally, this recognition resonated with President Milei, who reposted Hoskinson’s response, signaling his recognition and support for the emerging technology collaboration.
Read also: Rep. McHenry Says Stablecoin Regulation Needs Broader Vehicle
Crypto adoption talks with El Salvador
Additionally, this interaction occurs in the context of Argentina’s strategic developments in the crypto space. Earlier this month, Argentina’s National Securities Commission (CNV) launched a collaboration with the National Digital Assets Commission (CNAD) in El Salvador
.
Additionally, this partnership aims to better understand Bitcoin adoption and crypto regulation, inspired by El Salvador’s pioneering step in 2021 to adopt Bitcoin as legal tender alongside the US dollar. At a recent meeting, CNV and CNAD officials discussed El Salvador’s experience integrating Bitcoin into its financial system.
Additionally, CNV President Roberto Silva praised El Salvador’s leadership and comprehensive approach to crypto regulation. In addition, he highlighted the “invaluable lessons acquired by the CNAD” through this experience. CNV Vice President Patricia Boedo, for her part, highlighted the importance of leveraging El Salvador’s expertise in the crypto sector.
Additionally, Boedo, who attended market development meetings in El Salvador earlier this year, highlighted the importance of “strengthening ties with a nation at the forefront of cryptocurrency innovation” . For his part, Juan Carlos Reyes, president of the CNAD of El Salvador, praised Argentina’s technological prowess.
He noted that officials discussed “the best approaches to understanding cryptocurrency concepts and using them effectively in global economic cases.” The dialogue between Hoskinson and Argentine officials, as well as the country’s collaboration with El Salvador, highlights a pivotal moment in the nation’s approach to blockchain and crypto.
Read also: Shiba Inu Takes Over Cardano With Today’s Rise: What’s Next?