PANews reported on December 11 that according to CoinDesk, Juan Carlos Reyes, chairman of the National Digital Assets Commission (CNAD), the main cryptocurrency regulator in El Salvador, and Roberto Silva, chairman of the Argentine Securities Commission (CNV), signed an agreement on Tuesday to promote cooperation between the two countries in cryptocurrency regulation. Reyes said in an interview: "In terms of international cooperation, CNAD has two core goals. The first is to share our expertise with international partners to help them take advantage of the benefits of a well-regulated industry. The second is to expand the international influence of our regulatory companies by establishing strategic partnerships with countries around the world. This historic agreement with Argentina is of great significance because of the country's pioneering reputation in the field of innovative technologies and its impressive adoption rate."

Although the specific details of the agreement have not been disclosed, Reyes said on LinkedIn that the agreement is intended to enable regulators from both countries to share knowledge and experience and promote crypto innovation. He wrote: "The joint efforts of El Salvador and Argentina will lay the foundation for greater regional cooperation and promote a favorable environment for the development of the digital asset industry."