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Tag: dollarization

Latam Insights: Argentina’s Milei States Dollarization Is Close, Bitfarms Expands In Paraguay

January 29, 2024 wp-bot Bitcoin News

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier

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Report: Turkey Exits From Foreign Exchange Protected Deposit Program

January 3, 2024 wp-bot Bitcoin News

On Jan. 1 Turkey ended its two-year-old foreign exchange (FX)—protected deposit program in what is seen as another step towards a return to orthodoxy. Treasury

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India’s De-Dollarization Push Flounders as Oil Suppliers Cite Rupee Repatriation Concerns

December 28, 2023 wp-bot Bitcoin News

The Indian Oil Ministry recently acknowledged that the country’s push to pay for oil with rupees has failed because suppliers are not sure if they

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Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC

December 24, 2023 wp-bot Bitcoin News

According to Argentina’s Foreign Minister, financial contracts can now be denominated in bitcoin or any other medium of exchange that the parties to the contract

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Argentina’s President Javier Milei Axes Ministries; ‘There Is No Money’

December 12, 2023 wp-bot Bitcoin News

Javier Milei, the president of Argentina, fulfilled his promise of reducing the number of ministries of the country in one of the first executive orders

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Latam Insights: Milei Wins Runoff Election, Vows to Eliminate Central Bank in Argentina; Drex to Encourage Tokenization

November 27, 2023 wp-bot Bitcoin News

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Libertarian Javier Milei

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