Argentine Vice President and Senate President Victoria Villarruel held a non-public assembly about Bitcoin with El Salvador’s President, Nayib Bukele, through the second days of his first official go to to Argentina. On the primary day, Bukele met with Argentine President Javier Milei at Casa Rosada in Buenos Aires in addition to President of the Chamber of Deputies, Martín Menem, and the President of the Supreme Court docket of Justice, Horacio Rosatti.
Bitcoin Treasury: Will Argentina Comply with El Salvador’s Lead?
Inside the assembly between Bukele and Milei, matters resembling vitality, commerce and safety had been formally mentioned, however there was no press convention or official assertion. The assembly between Vice President Villarruel and President Bukele prolonged past normal diplomacy, focusing intensely on BTC and its integration into nationwide monetary methods.
“I actually wished to benefit from these temporary minutes to speak to you about Bitcoin, as a result of it’s one thing that pursuits me rather a lot, in addition to the Volcano Bonds undertaking,” Vice President Villarruel is heard stating in a quick video that emerged on X. Responding to this, President Bukele expressed enthusiasm: “With pleasure we are able to speak about Bitcoin and every little thing that’s associated to it.”
JUST IN: 🇦🇷 Argentina Vice President talks with El Salvador President about their #Bitcoin volcano bonds 🇸🇻
“Bitcoin is one thing that pursuits me rather a lot” 👀
pic.twitter.com/C02BnpLozy— Bitcoin Journal (@BitcoinMagazine) October 1, 2024
The talks additionally delved into the operational and regulatory frameworks obligatory for crypto property. Villarruel expressed a deep curiosity within the CNAD’s position and its regulatory achievements. “You have got the primary management physique of the Nationwide Fee, I’m keen on that too as a result of it’s the first one I do know that’s constituted for this function,” she famous throughout her assembly with El Salvador’s President Bukele.
This sentiment was later echoed on her social media, the place she displayed an eagerness to additional perceive El Salvador’s methods in Bitcoin and crypto asset regulation. Villarruel wrote through X: “Go to of the President of El Salvador Nayib Bukele to the Senate of the Argentine Nation. We had been in a position to speak in regards to the implementation of Bitcoin, the creation of the CNAD (Nationwide Fee of Digital Property) which is the primary group that gives a authorized framework and regulation for crypto property.”
In Could earlier this yr, a delegation together with Argentina’s Safety Minister Patricia Bullrich and leaders from Argentina’s Nationwide Securities Fee (CNV) visited El Salvador. They met with Juan Carlos Reyes, President of El Salvador’s Nationwide Fee of Digital Property (CNAD), to debate the nuances of managing digital property at a nationwide stage.
“We wish to strengthen ties with the Republic of El Salvador and subsequently, we’re going to discover the potential of signing collaboration agreements with them,” commented Roberto E. Silva, President of the CNV throughout these discussions.
At press time, BTC traded at $61,618.
Featured picture from X @PresidenciaSV, chart from TradingView.com