Argentina’s Vice President and Senate President Victoria Villarruel held a personal assembly on Bitcoin the day after Salvadoran President Nayib Bukele’s first official go to to Argentina. On the primary day, Bukele met with Argentine President Javier Milley, Speaker of the Home of Representatives Martín Menem and Supreme Courtroom President Horacio Rosati at Casa Rosada in Buenos Aires .
Bitcoin Treasury: Will Argentina comply with El Salvador’s lead?
Subjects corresponding to power, commerce and safety had been formally mentioned throughout the assembly between Bukele and Mire, however no press convention or official assertion was held. The assembly between Vice President Villarruel and President Bukele went past normal diplomacy and targeted on BTC and its integration with the nation’s monetary system.
“I actually wish to use these couple of minutes to speak to you about Bitcoin as a result of it is one thing that I am very fascinated about and it is Volcano Bond ProjectVice President Villarruel stated in a quick video posted on X.
Simply now: 🇦🇷The Vice President of Argentina and the President of El Salvador discuss their #bitcoin Volcano Bonds 🇸🇻
“Bitcoin is one thing I’m very fascinated about”👀
pic.twitter.com/C02BnpLozy— Bitcoin Journal (@BitcoinMagazine) October 1, 2024
The talks additionally delved into the operational and regulatory framework required for crypto-assets. Villarruel expressed a eager curiosity within the position of CNAD and its regulatory achievements. “The Nationwide Fee was the primary management physique, and that additionally pursuits me as a result of, so far as I do know, it’s the first physique created for this objective,” she famous throughout a gathering with Salvadoran authorities officers. President Bukele.
This sentiment was later echoed on her social media, the place she expressed an eagerness to be taught extra about El Salvador’s technique concerning the regulation of Bitcoin and crypto belongings. Villarruel wrote through and regulatory organizations.
in Might earlier this yearJust lately, a delegation composed of Argentine Safety Minister Patricia Burridge and leaders of Argentina’s Nationwide Securities Fee (CNV) visited El Salvador. They met with Juan Carlos Reyes, president of El Salvador’s Nationwide Fee on Digital Belongings (CNAD), to debate the nuances of managing digital belongings on the nationwide stage.
“We wish to strengthen our relationships with the Republic of El Salvador and, subsequently, we are going to discover the potential for signing a cooperation settlement with them,” CNV President Roberto E. Silva commented throughout these discussions.
At press time, BTC was buying and selling at $61,618.
Featured picture through X @PresidenciaSV, chart through TradingView.com
