G20 Nation Argentina and El Salvador Discuss Bitcoin Adoption and Cooperation Agreement

May 27, 2024, 10:03 AM

Authorities from Argentina and El Salvador have engaged in discussions regarding the adoption of Bitcoin and a potential digital assets cooperation agreement. The talks, confirmed by Argentina's National Securities Commission (CNV) over the weekend, aim to strengthen ties between the two countries and explore the use of Bitcoin as legal tender. Argentine officials are particularly interested in learning from El Salvador's experience in implementing Bitcoin. CNV President Roberto E. Silva highlighted the significance of these discussions, noting Argentina's interest in adopting El Salvador's Bitcoin strategy. As a G20 nation, Argentina's economy could see significant impacts from such an adoption.