Recently, Argentina’s President Javier Milei has been openly discussing the country’s interest in blockchain technology and crypto.
Recent posts from Charles Hoskinson, the founder of Cardano (ADA), appear to suggest that the blockchain firm may be planning to expand into Argentina. This follows after a series of conversations ensued between Hoskinson and Argentina’s President Javier Milei on social media.
Recently, President Milei has been openly discussing the country’s interest in blockchain technology and crypto. As a fact, Milei has made several visits to the United States in the past few weeks, meeting up with major players in the crypto industry and discussing potential collaborations, particularly in the area of regulation, in the process.
That is not to mention the recent moves by Argentina to tap El Salvador’s Bitcoin strategies. According to reports, Argentina aims to use the partnership to understand how El Salvador fosters Bitcoin adoption while staying compliant with crypto regulations. More so, in the area of a first-of-its-kind move that saw Bitcoin become a legal tender in the country in 2021.
Cardano’s Charles Hoskinson Hints at Argentina Expansion
As if to buttress the notion that Cardano might be eyeing a potential expansion to Argentina, Dario Epstein, Director at Research For Traders, has also shared an interesting update on the social media platform X. He hinted that a technology company specializing in third-generation blockchain is currently in talks with him. Although he did not mention Cardano, the firm, which also focuses on decentralized government, exactly fits the profile he mentioned.
Epstein also noted that the company is looking to establish itself in Argentina to develop knowledge and tech applications.
The connection of Epstein’s posts to Cardano came from Hoskinson’s response to his post. The Cardano founder was full of praise for Argentina, hailing the talents that he has had to work with, who came from the country. He wrote:
“Argentina has some of the brightest minds in our industry and it has been a privilege to work with them.”
To cap it all, President Milei also reposted Hoskinson’s reply, further suggesting that this budding tech collaboration has the highest support it needs for it to come to fruition.
Meanwhile, Argentina has recently been in the news for its growing efforts towards crypto. In early May, Argentina’s National Securities Commission (CNV) began coordinating with the National Commission of Digital Assets (CNAD) in El Salvador.
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