
Argentinian Regulators Hold Meeting with El Salvadoran Official to Discuss Adoption of Bitcoin and Cryptocurrencies
Argentinian government officials recently held a meeting with the top crypto regulator in El Salvador to discuss the role of digital assets in society. Roberto E. Silva and Patricia Boedo, president and vice president of Argentina’s market regulator, the Comisión Nacional de Valores (CNV), spoke with Juan Carlos Reyes, president of the National Commission of Digital Assets in El Salvador. The discussion revolved around El Salvador’s decision to adopt Bitcoin as legal tender in 2021.
According to a government press release, Silva mentioned that Argentina is considering the possibility of signing “collaboration agreements” with El Salvador. Boedo referred to the Central American country as a trailblazer in the realm of crypto assets.
El Salvadoran President Nayib Bukele has long been a vocal supporter of Bitcoin and the country currently holds almost $400 million worth of the leading cryptocurrency.
In November, Argentinians elected libertarian figure Javier Milei as their president. Milei has criticized central banks, viewing them as a means for politicians to tax citizens through inflation. He has hailed Bitcoin as a “natural reaction against the central bank scammers.”
However, in March, the CNV introduced a mandatory registry for crypto service providers, which received criticism from some digital asset stakeholders. Bitcoin advocate Max Keiser, for instance, dubbed the policy as Milei’s “first major mistake” as president. Keiser and his wife, Stacy Herbert, both serve as senior advisors to El Salvador’s National Bitcoin Office.
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