Argentina Abandons USDollar In China Trade As Local Bitcoin Reaches Record High
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Pesos have crashed 99% versus the U.S. dollar since the beginning of the currency crisis in 2018.
As the Argentine peso (ARS) faces persistent inflation, Bitcoin’s (BTC) price reached an all-time high in ARS terms last week. On April 18, the BTC-to-ARS exchange rate surpassed 6.59 million ARS, according to Google Finance price data. Despite a correction to around 6 million ARS, marking a 9% decrease, the price is still more than …<p class="read-more"> <a class="" href="https://www.cryptopolitan.com/argentine-peso-devaluation-spurs-btc-popularity/"> <span class="screen-reader-text">Argentine Peso devaluation spurs Bitcoin po...
Argentina has just become the first Latin American country to approve a Bitcoin futures index. However, the story of Bitcoin in the country is far from…
The agency authorized the regulation of a futures contract based on a bitcoin index of Matba Rofex, an Argentinian stock exchange.