El Salvador and Paraguay Strengthen Crypto Oversight with New Regulatory Agreement

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Paraguay and El Salvador have signed a Memorandum of Understanding (MOU) to strengthen the control, monitoring and regulation of providers of digital assets such as bitcoin and cryptocurrencies. The agreement was signed between the Secretariat for the Prevention of Money Laundering (Seprelad), headed by Minister Liliana Elizabeth Alcaraz Recalde and the National Commission for Digital Assets [...] The post El Salvador and Paraguay sign agreement…

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El Salvador and Paraguay Strengthen Crypto Oversight with New Regulatory Agreement

El Salvador and Paraguay have entered into a key regulatory agreement to enhance oversight in the crypto sector. Paraguays Secretaría de Prevención de Lavado de Dinero o Bienes (SEPRELAD) and El Salvadors Comisión Nacional de Activos Digitales (CNAD) signed a Memorandum of Understanding (MOU) to improve cooperation on digital asset regulations. The agreement aims to detect and control unauthorized crypto operations in Paraguay while reinforcing …