Source: Crypto Daily

A recent report from the National Securities Commission of Argentina (CNV) stated that authorities from Argentina and El Salvador convened to talk about the adoption of Bitcoin.

El Salvador is the first country to fully adopt Bitcoin as a legal tender and since then, the country has seen its ups and downs. Currently, the country is in huge profit from its BTC investment. Last week, the Argentinian CNV officials met with El Salvador's National Digital Assets Commission to discuss the country's Bitcoin regulations.

The National Commission for Digital Assets (CNAD) was represented by the President of the committee, Juan Carlos Reyes. In attendance were the vice president of CNV, Patricia Boedo, and the CNV president, Roberto Silva. Both countries are creating an "alliance, with Bitcoin at the center of the conversation," according to the report released.

Silva acknowledged that El Salvador has emerged as one of the leading countries, not only in the “wider world of crypto assets” but also in the use of Bitcoin, hence, the reason they want to “strengthen ties with El Salvador."

Reyes emphasized that the CNV "wants to create appropriate regulation and work with the [digital asset] industries efficiently."

Argentina is currently experiencing a high inflation rate, so this meeting might be a forward step in adopting digital assets in the country, also considering BTC’s current surge in price. Only time will tell if the country is planning to adopt Bitcoin as a legal tender like El Salvador did.