Argentina's President Alberto Fernandes has shown support for digital assets, stating that there is no reason to oppose innovation.
</p>Bo time interview local CMI Caja Negra 12August Fernandez answered the question whether he was able to create a digital currency of the central bank (CBDC) and was ready to play a bitcoin
“I don’t want to go too far ... but there’s no reason to say no,” Fernandes said. "They say that there is no benefit in the fact that the inflationary effect, to a significant degree, is not attributable to it."
Inflation was the main problem for the administrationof the upcoming president of the Argentina business man Mauricio Macri. Government data show that from the moment Macri left his post in 2019, 100 Argentinian feet are equivalent to 661 pesos today.
In spite of Argentina's tough foreign exchange control,the current president noted the growing popularity of bitcoin as a means of protecting against inflation. However, Fernandes also pointed out that the cryptocurrency sector is only being formed:
“Many people in the world have a passion that this project or system has not yet been expanded. And this must be taken into account. "
Looking at the open mind to the study of digital assets, the head of the central bank of Argentina Miguel Pesche threatens with impressions.
High 10 august on Foam by digitalFinansam of the Argentine Institute of Finnish Leadership
Peshe declared that BTC could not be usedinvestors outside of short agitation cycles. The head of the central bank also compared the bitcoin with the product, refusing it in the financial asset status, as it was determined by the national total
Peshe expressed the intention “to regulate the transmissionbitcoin with a payment system and a trading market ", warning that the cryptocurrency can provide extremely harmful operation to the internal financial
When regulating the sector, the central bank prioritizes the use of cryptoactivities for non-bitten investors.
“We are assured that [cryptocurrencies] are being used to generate inappropriate gains by people who do not suspect anything,” Peche noted.
Peche also eliminated the possibility that Argentina would start studying the digital currency of the central bank (CBDC).
Between the two, May's reports showed that thetrading in cryptocurrency in Argentina will flourish, as citizens pay attention to the constantly increasing prices for the cryptocurrency and buy the best practices.
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