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Stuck in the Red Zone, Following is Dogecoin Price Performance May 31, 2024

Previously, Argentina wanted to expand its relations with El Salvador, in order to take advantage of its experience in using bitcoin and cryptocurrencies.

Reporting from Bitcoin.com, Friday (31/5/2024), according to official reports, Argentina's National Commission of Valores (CNV) or exchange supervisor and officials from Salvador's cryptocurrency regulator, CNAD, met to discuss issues related to bitcoin adoption and regulation.

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Roberto Silva and Patricia Boedo, president and vice president of CNV, led the Argentine delegation. Juan Carlos Reyes, president of CNAD, attended on behalf of the Salvadoran institution.

The conversation revolved around Salvador's experience with Bitcoin, and the adoption of the digital asset as legal tender, including regulatory aspects.

Silva highlighted Salvador's expertise in the field of cryptocurrency assets, stating they have established a special commission, the National Commission for Digital Assets (CNAD), and therefore have invaluable experience for the current CNV.

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Furthermore, Silva emphasized that the agency is exploring the possibility of establishing a collaboration agreement with El Salvador regarding crypto and bitcoin.

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Boedo, who has participated in important meetings regarding regulations in El Salvador before, said it was important to continue strengthening relations with the Republic, which is a pioneer in this field, and has extensive experience in this field.

Reyes acknowledged Argentina is a pioneer in digital asset technology, and understands CNV wants to work with the industry efficiently and create appropriate regulations. This is not the first time the two agencies have met. Boedo traveled to El Salvador in March to discuss regulatory issues.

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Stuck in the Red Zone, Following is Dogecoin Price Performance May 31, 2024

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