According to a report by Cointelegraph, the National Securities Commission (CNV) of Argentina and the National Digital Assets Commission (CNAD) of El Salvador held a meeting last week to discuss cryptocurrency adoption and regulatory issues in both countries.
According to an official announcement from Argentina, the Chairman of the National Securities Commission, Roberto Silva, Vice Chairman Patricia Boedo, and the Chairman of the National Digital Assets Commission of El Salvador, Juan Carlos Reyes, discussed El Salvador’s experience as the world’s first country to adopt Bitcoin as legal tender in September 2021. Officials exchanged views on the use of cryptocurrencies in the global economy, with a focus on the Bitcoin case in El Salvador.
CNV Chairman Silva emphasized that El Salvador has not only become a global leader in adopting Bitcoin but has also shown outstanding performance in the broader cryptocurrency industry. He highlighted the importance of industry insights discovered by CNAD. Silva stated:
Vice Chairman Boedo of CNV visited El Salvador in March to participate in a conference on market development, emphasizing the key role of El Salvador’s expertise in the cryptocurrency industry. CNAD Chairman Reyes stated:
However, Stacy Herbert, the head of the National Bitcoin Office of El Salvador, commented on X platform that there were no discussions on Bitcoin policy between the officials of the two countries, and it was just a routine information exchange between the two regulatory agencies regarding digital securities regulation.
At the time of this announcement, Argentina is advancing regulations for the local cryptocurrency market and passed registration requirements for cryptocurrency companies in April. Since the Bitcoin-friendly politician Javier Milei became the President of Argentina in 2023, the country has been actively involved in the cryptocurrency field.
In December 2023, Diana Modino, Minister of Foreign Affairs, International Trade and Religious Affairs of Argentina, claimed that the Argentine government had “approved and recognized” Bitcoin to be used as currency in official contracts.