Argentina bans digital assets for banks after receiving ‘anti-Crypto’ IMF loan
The IMF issued a $45 billion loan in March, which came with the condition that Argentina had to discourage Crypto use, and it seems to finally be in effect.
The IMF issued a $45 billion loan in March, which came with the condition that Argentina had to discourage Crypto use, and it seems to finally be in effect.
Digital assets are at the center of a national oil scandal in which $20 billion is reportedly missing, with the country’s top Bitcoin regulator now in prison on corruption charges.
The Argentinian government is cracking down on the digital currency trading sector as it seeks to prevent citizens from dumping the inflationary local currency.
Chilean exchange CryptoMarkets has obtained a license in Estonia, allowing it to offer its services in Europe, the third such time by a South American exchange.
Cryptocurrency exchange Buda, which is already fighting anti-crypto banks in Chile, has seen its Colombian accounts ordered closed.