The current president of Argentina is a Bitcoin supporter. In fact, bringing Bitcoin into Argentina was one of his promises before the election.
https://blockworks.co/news/argentina-milei-bitcoin-president
It's great to see some movement there. I hope Argentina will be able to gain some useful insights from the team at El-Salvadore which will help them to frame a favorable regulations around crypto in Argentina.
Topic: Argentinian Regulators Talk Bitcoin with El Salvador Authorities - page 2. (Read 529 times)
Good news, I don't know if Argentina is in the process of officially adopting Bitcoin as El Salvador did. Perhaps it is just in the process of seeing, as Argentine officials have stated that they want to "know more" about the Salvadoran government's experience in adopting Bitcoin as legal tender.
This does not mean that Argentina is necessarily moving towards adoption, but perhaps they want to explore the experience of El Salvador to find out the positives and negatives that occurred during adoption. This exploration will be useful for Argentina in making the decision to adopt or at least legislate more open laws regarding Bitcoin and cryptocurrencies.
Although President Javier Miley is a supporter of Bitcoin, the economic situation in Argentina is different from that in El Salvador, in addition to the pressure of the International Monetary Fund on Argentina to create stricter regulations towards cryptocurrencies. Therefore, I think that the decision to officially adopt Bitcoin as legal tender in Argentina is difficult, at least for the time being.
This does not mean that Argentina is necessarily moving towards adoption, but perhaps they want to explore the experience of El Salvador to find out the positives and negatives that occurred during adoption. This exploration will be useful for Argentina in making the decision to adopt or at least legislate more open laws regarding Bitcoin and cryptocurrencies.
Although President Javier Miley is a supporter of Bitcoin, the economic situation in Argentina is different from that in El Salvador, in addition to the pressure of the International Monetary Fund on Argentina to create stricter regulations towards cryptocurrencies. Therefore, I think that the decision to officially adopt Bitcoin as legal tender in Argentina is difficult, at least for the time being.
Per an official notice from the Argentinian CNV and a report from Criptonoticias, top officials met the head of El Salvador’s National Digital Assets Commission last week."
I read the meeting between Argentina and El Salvador, in this meeting I came to a conclusion and this will have a positive impact on Bitcoin in the future, both in terms of the law and the rules that apply to Argentina towards its users.For example: topic discussion.
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The main topic of conversation focused on El Salvador's experience in adopting Bitcoin as legal tender, as well as the regulatory aspects that accompany it. Silva praised El Salvador's move to form a special commission to handle crypto assets. "The formation of CNAD shows El Salvador's expertise in the field of crypto assets, and this experience is very valuable for CNV today," said Silva, quoted by Cointelegraph.
I believe this will have a good impact on Bitcoin in the future.
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This meeting gave rise to speculation regarding the existence of a regulatory agreement regarding Bitcoin in the future. This is because Argentina is looking for ways to maximize the potential of crypto assets as the value of its currency is eroded by inflation. Argentina wants to learn from El Salvador's experience as the first country to make Bitcoin an official means of payment.
I hope that other countries can follow in El Salvador's footsteps.
https://cryptonews.com/news/argentinian-regulators-talk-bitcoin-with-el-salvador-authorities.htm
"Argentinian regulators have been talking to their counterparts in El Salvador about Bitcoin (BTC) adoption, the National Securities Commission of Argentina (CNV) confirmed this weekend.
Per an official notice from the Argentinian CNV and a report from Criptonoticias, top officials met the head of El Salvador’s National Digital Assets Commission last week."
"Argentinian regulators have been talking to their counterparts in El Salvador about Bitcoin (BTC) adoption, the National Securities Commission of Argentina (CNV) confirmed this weekend.
Per an official notice from the Argentinian CNV and a report from Criptonoticias, top officials met the head of El Salvador’s National Digital Assets Commission last week."
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