Argentine government officials met with El Salvador's top cryptocurrency regulator last week to discuss the role of digital assets in society.
Roberto E. Silva and Patricia Boedo, the president and vice president of Argentina's market regulator, the National Monetary Commission (CNV), discussed with Juan Carlos Reyes, chairman of El Salvador's National Digital Asset Commission, the Central American country's decision to adopt Bitcoin (BTC) as legal tender in 2021.
According to a government press release, Silva said Argentina plans to explore the possibility of signing a “cooperation agreement” with El Salvador, with Boedo calling the Central American country a “pioneer” on crypto assets.
El Salvador's President Najib Bukele has long been a vocal supporter of Bitcoin, and the country currently holds nearly $400 million of the top crypto asset.
Last November, Argentines elected outspoken liberal Javier Millay as president. Millay has criticized the central bank as a tool used by politicians to tax the population through inflation and has called Bitcoin a “natural response to the central bank crooks.”
However, in March, the CNV launched mandatory registration for crypto service providers, drawing criticism from some digital asset stakeholders.
Bitcoin advocate Max Keiser, for example, called the policy Milley's “first major blunder as president.”
“He never took the time to understand Bitcoin and now he's going to suffer the consequences.”
Kaiser and his wife, Stacey Herbert, both work as senior advisors to El Salvador's National Bitcoin Office.
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