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El Salvador and Paraguay sign cryptocurrency regulatory agreement

Internet reported that Paraguay's Asset Laundering Prevention Secretariat (SEPRELAD) and El Salvador's National Digital Assets Commission (CNAD) signed a memorandum of understanding on Friday. This is the second such agreement signed in nearly three months after El Salvador reached similar regulatory cooperation with Argentina's National Securities Commission (CNV) in December last year. According to SEPRELAD's statement, the two parties will jointly crack down on unlicensed cryptocurrency operations and strengthen anti-money laundering measures.

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