El Salvador and Paraguay sign cryptocurrency regulatory agreement

According to BlockBeats, on March 11th, Paraguay's Secretariat for the Prevention of Money Laundering (SEPRELAD) and El Salvador's National Commission for Digital Assets (CNAD) signed a memorandum of understanding last Friday. This is the second such agreement signed in the past three months, following a similar regulatory cooperation agreement reached between El Salvador and the Argentine National Securities Commission (CNV) in December last year. According to SEPRELAD's statement, both parties will jointly crack down on unlicensed cryptocurrency operations and strengthen anti money laundering measures.