Argentine Vice President Discusses Bitcoin With El Salvador’s Bukele

Argentine Vice President and Senate President Victoria Villarruel held a private meeting about Bitcoin with El Salvador’s President, Nayib Bukele, during the second days of his first official visit to Argentina. On the first day, Bukele met with Argentine President Javier Milei at Casa Rosada in Buenos Aires as well as President of the Chamber of Deputies, Martín Menem, and the President of the Supreme Court of Justice, Horacio Rosatti.

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Within the meeting between Bukele and Milei, topics such as energy, trade and security were officially discussed, but there was no press conference or official statement. The meeting between Vice President Villarruel and President Bukele extended beyond general diplomacy, focusing intensely on BTC and its integration into national financial systems.

“I really wanted to take advantage of these brief minutes to talk to you about Bitcoin, because it is something that interests me a lot, as well as the Volcano Bonds project,” Vice President Villarruel is heard stating in a brief video that emerged on X. Responding to this, President Bukele expressed enthusiasm: “With pleasure we can talk about Bitcoin and everything that is related to it.”

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“Bitcoin is something that interests me a lot” pic.twitter.com/C02BnpLozy

— Bitcoin Magazine (@BitcoinMagazine) October 1, 2024

The talks also delved into the operational and regulatory frameworks necessary for crypto assets. Villarruel expressed a deep interest in the CNAD’s role and its regulatory achievements. “You have the first control body of the National Commission, I am interested in that too because it is the first one I know that is constituted for this purpose,” she noted during her meeting with El Salvador’s President Bukele.

This sentiment was later echoed on her social media, where she displayed an eagerness to further understand El Salvador’s strategies in Bitcoin and crypto asset regulation. Villarruel wrote via X: “Visit of the President of El Salvador Nayib Bukele to the Senate of the Argentine Nation. We were able to talk about the implementation of Bitcoin, the creation of the CNAD (National Commission of Digital Assets) which is the first organization that provides a legal framework and regulation for crypto assets.”

In May earlier this year, a delegation including Argentina’s Security Minister Patricia Bullrich and leaders from Argentina’s National Securities Commission (CNV) visited El Salvador. They met with Juan Carlos Reyes, President of El Salvador’s National Commission of Digital Assets (CNAD), to discuss the nuances of managing digital assets at a national level.

“We want to strengthen ties with the Republic of El Salvador and therefore, we are going to explore the possibility of signing collaboration agreements with them,” commented Roberto E. Silva, President of the CNV during these discussions.

At press time, BTC traded at $61,618.