The National Securities Commission of Argentina (CNV) confirmed the country is considering cooperating with El Salvador on Bitcoin adoption. Crypto adoption has increased since 2017, with many using it for everyday transactions.The country faces severe economic challenges, including high inflation and currency depreciation, have spurred Bitcoin trading. The country has also seen a rise in crypto startups, offering innovative solutions to economic challenges. Despite President Javier Milei’s pro-Bitcoin stance, Buenos Aires faces pressure from the IMF to regulate crypto exchanges.
May 27, 2024
SOURCE: BEIN CRYPTO
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