Crypto retains lure in Latin America's inflation hotspots
Cryptocurrency adoption is growing in places like Argentina and Venezuela despite the crash as users seek to protect their savings
Source: thestar.com.my
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FEATURE-Crypto retains lure in Latin America's inflation hotspots
* Crypto used as inflation hedge in Argentina, Venezuela * Curbs on foreign currency transactions boost its appeal * Many virtual coin users hurt by tumbling prices this year By David Feliba BUENOS AIRES, Dec 14 (Thomson Reuters Foundation) - The "crypto winter" has shattered the money-making hopes of many small investors around the world, but in inflation-plagued Argentina, cryptocurrency converts are holding on. Inflation is expected to reach 100% this year in South America's No. 2 economy, and for many Argentine retail investors the priority is to protect the value of thei...
Source: devdiscourse.com