President of Argentina Open to Adopting Cryptocurrencies as Legal Tender
Alberto Fernandez, the president of Argentina, stated he is open to the adoption of cryptocurrencies as legal tender in an interview this week. Fernandez said there is a big discussion around the value and use of cryptocurrencies not only in Argentina but also all over the world. However, he recognized this issue should be treated carefully, and acknowledged he had limited knowledge in the subject of cryptocurrencies. President of Argentina Open to Allow Crypto to Become Legal Tender Alberto Fernandez, the current president of Argentina, expressed his opinion of cryptocurrencies in the....
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Alberto Fernandez, President Of Argentina, Is Open To Adopting Bitcoin As Legal Tender To Fight Inflation.
The President of Mexico, Andres Manuel Lopez Obrador, denied having any interest in adopting cryptocurrencies as legal tender in the country. The statements, offered in a press conference in the National Palace this week, also confirmed that the Mexican government will keep dealing with the financial matters of the country in a traditional and orthodox way.
Mexico Won’t Adopt Bitcoin as Legal Tender
The President of Mexico stated his opinions about bitcoin and cryptocurrencies earlier this week. In a press conference offered at the National Palace, Lopez Obrador denied....
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency The International Monetary Fund (IMF) published a blog post on Monday discussing the topic of cryptocurrencies as legal tender. The post titled “Cryptoassets as National Currency? A Step Too Far” was authored by Tobias Adrian, the financial counselor and director of the IMF’s....
Bank of America has outlined some benefits to be had from adopting bitcoin as legal tender in El Salvador. The opportunities include low-cost remittances, financial digitization, more choices, and greater investments from foreign companies. Bank of America Highlights Opportunities Bitcoin Brings to El Salvador as Legal Tender Bank of America (BOA) outlined some potential benefits in El Salvador adopting bitcoin as legal tender in a report published last week. The analysts, including Latin American strategist Claudio Irigoyen, explained that “The market has been excessively....
Javier Milei’s election as Argentina’s president has sparked intense debate within the Bitcoin community about the potential adoption of BTC as legal tender. Samson Mow, the CEO of Jan3 and a key player in nation-state Bitcoin adoption, has now offered an insightful analysis on this matter. Mow, instrumental in Bitcoin Bonds in El Salvador and […]