Argentina’s New President Might Just be a Bitcoin Supporter
Mauricio Macri was sworn as the new president of Argentina on December 10, 2015. He confronts enormous economic challenges. He received a country with an inflation rate estimated at between 15 to 27 percent, foreign reserves at a ten-year low, plus a decade-long series of struggles with holders of defaulted debt. One of his highest priorities is to....
Related News
Sir Richard Branson, the founder of Virgin Group, spoke with the President of Argentina on a variety of topics, including drug control, space flight and Bitcoin. According to President Mauricio, the British entrepreneur expressed interest in investing in Argentina. According to the president’s Facebook page, the president “was very interested in the talk as Branson, plus entrepreneur in areas related to new technologies, such as space flight and use bitcoin is entrepreneurial in humanitarian issues.” Macri was elected in 2015. As a former civil engineer, his interest in space flight and....
Argentina’s president is open to the idea of central bank digital currency but the country’s central bank head has rejected the idea. Argentina President Alberto Fernandez has indicated support for digital assets, asserting there is no reason to push back against the emerging asset class.During an interview with local media outlet, Caja Negra, on August 12, Fernandez responded to a question about whether he would consider exploring a central bank digital currency (CBDC), or even recognize Bitcoin as legal tender as El Salvador did earlier this year.“I don’t want to go too far out on a limb....
Bitcoin supporter Mark Calabria from the Cato Institute has been selected to serve as Chief Economist for Vice President Mike Pence. Bitcoin-Supporter to Advise Mike Pence. The Vice President of the United States, Mike Pence, has selected a well-known libertarian and Bitcoin advocate, Mark Calabria, as his chief economist. Having also previously worked for the Senate Banking Committee, Calabria is best known as the former director of financial regulation studies at the Cato Institute. He is also an outspoken advocate of free markets, housing reform and alternative currencies. He expressed....
President Javier Milei’s probe into the LIBRA coin has left Argentina embroiled in a crypto crisis. It all began when Milei used social media to promote LIBRA, which caused its price to skyrocket. However, the token fell within hours, shocking investors and causing them to wonder what went wrong. Related Reading: As Crypto Fraud Expands, […]
Argentina’s new president, Mauricio Macri, is good news for the legal status of Bitcoin in the country. He is the one behind the sponsorship of the First Bitcoin Forum in Buenos Aires, earlier in July 2015. The perceived stance of the leader of “Cambiemos” (Spanish for “Let’s change”) is a far cry from the official statement issued in 2014 by the Argentine Central Bank. The statement was clearly cautious towards Bitcoin, warning about its qualities and declaring that it didn’t have legal tender status. However, for Bitcoin all good news are bad news, as all who were interested in....