El Salvador and Argentina have signed agreement on strategic cooperation in the development of the crypto market in Latin America and acceleration of the implementation of cryptocurrencies in the region.
According to Juan Carlos Reyes, head of the National Committee on Digital Assets of El Salvador, the agreement signed between the countries will involve an exchange of experience and technologies in the field of blockchain and regulation of digital assets.
Particular attention will be paid to improving the regulatory and legal sphere, the official noted. He emphasized that Argentina is currently one of the leaders in the field of technology and innovative solutions, and El Salvador has extensive experience in accepting cryptocurrency in the financial infrastructure.
The combined efforts of El Salvador and Argentina will lay the foundation for closer regional cooperation, helping to create favorable conditions for the development of the digital asset industry, the head of the Salvadoran regulator is confident.
It is worth recalling that the development of the issue of cooperation between the regulators of the two countries began in early March of this year. At that time, the parties agreed to conclude an agreement by the end of 2024.
Representatives of the Argentine regulator, in turn, are confident that the agreement will help the country improve the development of the digital economy segment to overcome economic problems and high inflation.
