El Salvador and Paraguay Sign Cryptocurrency Regulation Agreement
2025-03-10 20:04:09
Paraguay's Asset Money Laundering Prevention Secretariat (SEPRELAD) and El Salvador's National Digital Assets Commission (CNAD) signed a memorandum of understanding last Friday. This is the second such agreement signed in nearly three months, following a similar regulatory cooperation between El Salvador and Argentina's National Securities Commission (CNV) in December. According to SEPRELAD's statement, the two sides will jointly crack down on unlicensed cryptocurrency operations and strengthen anti-money laundering measures.
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