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Argentina’s Milei era: Bitcoin contracts, central bank closure, and a currency-free market

From invezz.com

Argentina is making waves in economic policies under President Javier Milei. The recent announcement by the Minister of Foreign Affairs, Diana Mondino, reveals a groundbreaking shift toward Bitcoin adoption for contractual agreements. This move, coupled with plans to close the central bank and embrace a currency-free market, marks an unprecedented experiment. Latin America, surprisingly pro-Bitcoin, is witnessing a transformation that challenges traditional economic norms. Argentina has taken a bold leap into the world of cryptocurrency, with Minister of Foreign Affairs Diana Mondino confirming that the country now ... (full story)

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  • Category: Fundamental Analysis