The Argentine government borrowed about $45 billion from the International Monetary Fund (IMF).
The “deterrence from cryptocurrencies” item in the letter of intent sent by Argentina to borrow drew attention. With the agreement, Argentina received in 2018 $57 billion loan will be restructured.
In the letter detailing the planned financial policies, money laundering It was stated that it would make it difficult to use cryptocurrencies to prevent and other negative activities.
This agreement between the IMF and the Argentine authorities, signed on March 3, According to local reports By the Argentine national legislature on March 17 Confirmed. To get a loanCurrently, only IMF board approval is required.
Argentina, payments and in money production in order to reduce costs digitalization processes continues and thus ability to control He said his opportunities will increase.
annual interest rate in February 52.3% is explaining Latin American country’s leading South American region became one of the crypto hubs it is said.