Argentinean Central Bank Warns Against Using Bitcoin

Argentinean Central Bank Warns Against Using Bitcoin

The Argentinean Central Bank has joined the ranks of other central banks across the globe to issue a warning on cryptocurrencies. The official statement reads: While this may seem like an echo of warnings released by other central banks, this particular statement can be interpreted from various angles. First, the mention of cryptocurrencies not having “legal tender” status may be a caveat for not only citizens but financial institutions in the country to refrain from using these currencies. On the other side, the Central Bank is promising to study these “virtual coins” and potentially....


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