Crypto:
30351
Bitcoin:
$64.268
% 0.00
BTC Dominance:
%54.1
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Market Cap:
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% 0.00
Fear & Greed:
53 / 100
Bitcoin:
$ 64.268
BTC Dominance:
% 54.1
Market Cap:
$2.34 T

Argentina and El Salvador Strengthen Bitcoin Ties

Argentina El Salvador

Following Javier Milei’s election, which drastically depreciated the national currency and cut the number of civil workers working for institutions burdening the government, Argentina and high-level officials from El Salvador, under Nayib Bukele, convened a Bitcoin conference. The conference happened in Buenos Aires at the National Securities Commission (CNV) headquarters.

The first nation in the world to adopt Bitcoin as official currency in 2021, Juan Carlos Reyes, the president of the National Digital Assets Commission (CNAD) of El Salvador, visited with vice president Patricia Boedo and securities president Roberto Silva.

Held in Buenos Aires, the National Securities Commission’s (CNV) headquarters, the meeting’s main focus was Bitcoin. Official Juan Carlos Reyes from El Salvador spoke with Argentine officials about his experience with Bitcoin since 2021.

The parties also talked about the more important role Bitcoin plays in the world economy.

President of Argentina’s National Securities Commission, Roberto Silva, commended El Salvador’s advancement in the bitcoin scene and remarked:

“El Salvador has shown itself worldwide in the larger domain of digital assets in addition to Bitcoin usage. We want to get closer to them and boost possible cooperation agreements even further.”

Juan Carlos Reyes also said that they will greatly boost their cooperation with Argentina in the sphere of technology, as Argentina is a nation that is developing more and more daily in this regard.

Known for his strong remarks against central financial institutions, particularly the Central Bank of Argentina, Javier Milei, the recently appointed president of Argentina, contends that a limited supply of Bitcoin is a logical reaction to inflation.

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