Argentinian Regulators Meet With El Salvador Official To Explore Bitcoin and Crypto Adoption

Argentinian government officials met with El Salvador’s top crypto regulator last week to discuss the role of digital assets in society.

Roberto E. Silva and Patricia Boedo, the president and vice president of the Comisión Nacional de Valores’ (CNV), Argentina’s market regulator, spoke with Juan Carlos Reyes, president of the National Commission of Digital Assets in El Salvador, about the Central American country’s decision to adopt Bitcoin (BTC) as legal tender back in 2021.

Silva noted that Argentina plans to explore the possibility of signing “collaboration agreements” with El Salvador, according to a government press release. Boedo called the Central American country “a pioneer” regarding crypto assets.

Salvadoran President Nayib Bukele has long been a vocal advocate for Bitcoin, and the country currently holds nearly $400 million worth of the top crypto asset.

Last November, Argentinians elected the outspoken libertarian Javier Milei as their president. Milei has criticized central banks as a tool for politicians to tax their citizens via inflation, and he’s called Bitcoin “a natural reaction against the central bank scammers.”

In March, however, the CNV launched a mandatory registry for crypto service providers, which some digital asset stakeholders criticized.

Bitcoin firebrand Max Keiser, for example, called the policy Milei’s “first major mistake” as president.

“He never took the time to understand Bitcoin, now he’ll suffer the consequences.”

Keiser and his wife, Stacy Herbert, both work as senior advisors to El Salvador’s National Bitcoin Office.

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