Central bank governors and representatives from Argentina, Chile, Colombia, Ecuador, Paraguay, Peru, and Uruguay met, and part of the agenda revolved around cryptocurrencies.
event It took place on the occasion of the 43rd meeting of South American central bank governors.which occurred on November 4th in the city of Asunción, Paraguay.
At the meeting, the region’s monetary authorities shared their experiences and analyzed current challenges in South America’s macroeconomic and financial environment. This was reported by the Central Bank of Paraguay (BCP).
The organization pointed out that: Crypto asset regulation issues resolvedadvances in payment systems and new asset tokenization trends, monetary policy in a time of increasing frequency and severity of climate shocks, and other issues of common interest.
According to the BCP, participants agreed on the importance of strengthening technical cooperation among central banks, promoting safe financial innovation, and sustaining policies aimed at maintaining macroeconomic stability and confidence in financial institutions.
At the end of the meeting, as shown, Officials emphasized the relevance of this space for dialogue to build a common vision On the challenges and opportunities facing the South American economy, especially in a context of global uncertainty.
Representatives of central banks from seven South American countries in attendance agreed to meet again in Chile in 2026 and Uruguay in 2027, and thanked each country for offering to host the meeting.
At the next event, the Central Bank of Chile will present an analysis of the following events: carry tradeMeanwhile, Uruguay’s report will address communication with the central bank, and the Peruvian Reserve’s report will coordinate the annual report on South America’s payment systems and present its progress.
Virtual currency participates in various national conferences
In line with this initiative, delegations from 16 countries in the region gathered in Punta Cana last week. He also brought up the issue of virtual currency on the agenda.. It was the 15th Latin American Annual Seminar on Public Financial Management.
Representatives from El Salvador, Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, Guatemala, Honduras, Mexico, Panama, Paraguay, Peru, Uruguay and the Dominican Republic attended the meeting, CriptoNoticias reported.
Regarding virtual currencies, the conference said: Includes a presentation by Patrick Chen of the World Bankexhibited the panel “Digital Innovation in Finance: How the World Bank and Treasury is Considering Artificial Intelligence and the Tokenization of Digital Assets.”