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Argentina Explores El Salvador's Bitcoin Experience and Legal Framework

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by Giorgi Kostiuk

9 months ago


El Salvador’s President Nayib Bukele visited Argentina to discuss Bitcoin adoption and security issues with Vice President Victoria Villarruel.

Bukele's Visit to Argentina

El Salvador’s President Nayib Bukele visited Argentina’s Congress and met with Vice President Victoria Villarruel. The meeting aimed to explore El Salvador’s approach to Bitcoin and how Argentina might apply those insights.

Interest in Bitcoin

During the discussion, Vice President Victoria Villarruel expressed interest in learning about El Salvador’s experience with Bitcoin. Since El Salvador adopted Bitcoin as an official currency alongside the U.S. dollar, Argentina has been weighing similar moves.

Visita del Presidente de El Salvador [@nayibbukele](https://twitter.com/nayibbukele?ref_src=twsrc%5Etfw) al Senado de la Nación Argentina. Pudimos conversar sobre la implementación del Bitcoin, la creación de la CNAD (Comisión Nac. de Activos Digitales) que es el primer organismo que da marco legal y regulación a los criptoactivos.Victoria Villarruel

Long-term Potential of Bitcoin

Bukele shared his crime-reduction strategies, stressing the importance of country-specific security measures. He also noted that Bitcoin is seen as a long-term investment with the potential to surpass the U.S. dollar.

The visit of El Salvador's President and the discussion of his Bitcoin experience provided Argentina with valuable insights for potential implementation in its own economic and legal frameworks.

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