Argentina’s government would 'discourage' crypto usage under proposed IMF deal by k_majch
Argentina’s government has signaled it will discourage the use of cryptocurrencies as part of a nearly $45 billioAccording to a memorandum detailing planned financial policies, the government would “discourage” the use of cryptocurrencies to prevent money laundering and other activities.
Per local reports, the lower house of Argentina’s national legislature has approved the agreement; a vote in the upper chamber is expected late Thursday or early Friday.Argentina’s government has signaled it will discourage the use of cryptocurrencies as part of a proposed, nearly $45 billioeal with the International Monetary Fund , leaving the country’s crypto sector questioning what this policy could mean if approved.Argentina’s government laid out a framework with goals from 2022 to 2024.
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