- Latin American treasuries met in Punta Cana to modernize operations with digital assets and AI tools.
- El Salvador consolidates its Bitcoin legal tender framework with two major crypto events in November.
Official delegations from El Salvador, Argentina, Mexico, Uruguay, Colombia, Bolivia, and nine other Latin American countries gathered in Punta Cana, Dominican Republic, for the 15th Annual Latin American Seminar on Public Treasury Management.
This meeting, which took place from October 28 to 30, included the participation of global financial organizations such as the World Bank, the Inter-American Development Bank, and the International Monetary Fund.
Luis Rafael Delgado Sánchez, the national treasurer of the Dominican Republic, stated that the seminar’s objective was to facilitate the exchange of advances, knowledge, and experiences among the nations. He expressed that topics addressed were aimed at making government treasuries in the region more efficient and technologically advanced, with the goal of providing governments with better tools and resources for managing public finances.
This event, organized by the Forum of Government Treasuries of Latin America, marks the second time the Dominican Republic has hosted it.
Technical Presentations and Exploration of Digital Assets at the Seminar
The seminar’s program included technical presentations from representatives of various countries. Alejandra Montiel, from the General Treasury of Chile, and Juan Araujo, Deputy General Treasurer of Argentina, presented an analysis on applications that strengthen Treasury services and processes. Daniela Torre Peláez, from the Inter-American Development Bank, led a panel dedicated to a guide for issuing Green Bonds.
Other presentations, such as those by Claudio Roberto Carrilho on digital collection services and Claudio Vázquez Insfrán on optimizing payroll payments, completed an agenda focused on modernizing government financial operations.
An intervention by Patrick Cheng from the World Bank, titled “Digital Innovation in Finance,” addressed how that institution is exploring the tokenization of digital assets and the use of artificial intelligence in managing its treasury.
El Salvador Strengthens its Global Positioning with Bitcoin Events
San Salvador, the capital of El Salvador, is preparing to host two international events dedicated to Bitcoin in November. These conferences aim to reinforce the country’s image as a global hub for crypto economy and technology.
The first, called “Bitcoin Histórico,” is scheduled for November 12 and 13 in the Historic Center of San Salvador. Organized by El Salvador’s National Bitcoin Office, the event will adopt a festival format integrating cultural, educational, and economic components.
Its design intends to bring the use of Bitcoin closer to the general population, with emphasis on its role for individual financial sovereignty, particularly in contexts with limited access to traditional banking.
Stacy Herbert, director of the National Bitcoin Office, described the cryptocurrency as a tool for economic freedom and individual sovereignty, aligned with the vision of the Salvadoran government. The event will feature international experts sharing experiences about positive changes generated by Bitcoin in various communities, with special attention to its use for international payments, remittances, and small-scale business opportunities.
Technical Gathering and Expansion of the Local Ecosystem with “Adopting Bitcoin 2025”
Immediately afterwards, on November 14 and 15, the “Adopting Bitcoin 2025” conference will take place. This meeting has a more specialized technical profile, aimed at developers, entrepreneurs, investors, and ecosystem participants. Central discussion topics will include the Lightning Network, digital wallets, digital security, and real-world use cases for the technology.
Tickets for this event are available for purchase using satoshis, the smallest unit of Bitcoin, with prices set to be accessible to the local population. The program seeks not only to attract foreign investment but also to strengthen citizens’ knowledge about how this technology works.
Among the technical topics to be addressed are Bitcoin’s scalability, interoperability between networks, the development of decentralized applications, and improving mechanisms for sending remittances and cross-border trade.
A distinctive component of this edition will be the “Bitcoin Beach Day” a session connecting the pioneering adoption experience in the coastal town of El Zonte with the rest of the global ecosystem. Additionally, the event will extend its reach with regional meetings scheduled in Honduras.
Regulatory Framework and Infrastructure for Crypto Assets in El Salvador
These events occur in a context where El Salvador has been consolidating a regulatory and legal framework around digital assets. The country implemented the adoption of Bitcoin as legal tender in 2021. Subsequently, it enacted the Digital Assets Issuance Law and established dedicated institutions like the National Bitcoin Office and the National Digital Assets Commission.
Reports indicate that the government has created fiscal policies and incentives for companies developing Bitcoin-based solutions. The administration of President Nayib Bukele has maintained a proactive stance on financial education, with the stated goal of democratizing access to technological tools.
Credit: Source link
