Fun

News Feed - 2023-10-20 07:10:36

David Attlee13 hours agoArgentine central bank to introduce digital peso bill ‘as soon as possible’The Central Bank of the Argentine Republic has accelerated its work on legislation to implement a CBDC in the country.5806 Total views15 Total sharesListen to article 0:00NewsJoin us on social networksAfter a series of remarks about the potential benefits of a central bank digital currency (CBDC) for the national economy, the Central Bank of the Argentine Republic said it has accelerated its work on legislation to implement the CBDC workflow in the country. 


On Oct. 18, during a public discussion on the Filo News channel, Argentina Central Bank director Juan Agustín D’Attellis Noguera revealed that the central bank is working on the legislative framework for the digital peso CBDC project recently proposed by the Minister of Economy and presidential candidate Sergio Massa.


Related:Latin America takes global lead in preference for centralized exchanges: Report


According to Noguera, the project will be presented “as soon as possible” and introduced to the Congreso de la Nación Argentina — the country’s parliament. The official hailed Massa’s approach to the CBDC and implicitly criticized the position of another presidential candidate, Bitcoin-friendly Javier Milei, who has been publicly proclaiming the “dollarization” of the Argentine economy.


It is not the first time Noguera has stepped in to defend the idea of a CBDC. In early October, he expressed his belief that a digital peso could help stabilize the Argentine economy as soon as 2024. In the official’s opinion, the key feature of the CBDC is its traceability, which would allow the government to collect taxes.


On Oct. 2, Massa committed to introduce a digital peso should he win the election, aiming to address Argentina’s enduring inflation issue. As per the latest election polls, Massa is marginally behind Javier Milei, who advocates adopting the United States dollar as Argentina’s official currency while opposing the central bank’s role in the economy.


Magazine: The Truth Behind Cuba’s Bitcoin Revolution: An on-the-ground report# Argentina# CBDC# RegulationAdd reactionAdd reactionRead moreEurope"s AML regulations come at a high cost — for your privacy and otherwiseCentral banks want to look under crypto’s hood — Is this a positive sign?Argentine presidential candidate wants CBDCs to ‘solve’ hyperinflation

News Feed

Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’
Crypto Industry Welcomes Biden"s Executive Order — Expert Says "It"s About as Good as We Could Ask" Many people in the crypto industry welcome President Joe Biden’s execut
Prashant Jha12 hours agoRipple job posting hints at possible IPO, XRP community saysThe role and responsibilities listed for the potential candidate are often criteria linked to requirements for a company considering an
Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report
Ukraine’s Government-Provided Crypto Addresses Raised $70 Million During War, Report Crypto donations collected by the government in Kyiv since the start of the Russian invasion
$1 Million Bitcoin Giveaway: Rapper Megan Thee Stallion Hands Out Free BTC on Twitter
$1 Million Bitcoin Giveaway: Rapper Megan Thee Stallion Hands Out Free BTC on Twitter American rapper and hip hop artist Megan Thee Stallion is giving away $1 mi
BTC price dip hits 17.5% as week’s Bitcoin ETF net outflows near $500M
William Suberg2 hours agoBTC price dip hits 17.5% as week’s Bitcoin ETF net outflows near $500MBitcoin bulls brace for macro turbulence with the BTC price correction passing $12,000 versus recent all-time highs.3155 To
Analyst Confirms Ethereum Golden Cross As ETH Surges Past $4,000 – Is Altseason In Sight?
Este artículo también está disponible en español. Ethereum (ETH) surged past $4,000 earlier today for the first time since March 2024. Having surpassed a key price level
Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds
Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds With the growing capitalization of the crypto economy, Russians have been making cryp
Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official
Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official The Rwandan central bank may not know whether it can issue a digital currency until Decem
Zhiyuan Sun8 hours agoBinance to shut down BUSD lending by October 25The move is part of a phased termination of BUSD support by February 2024.1793 Total views8 Total sharesListen to article 0:00NewsJoin us on social net
Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion
Global Crypto and Blockchain Investments Soared in 2021, Rising 5.5X to $30 Billion A new report by one of the Big Four accounting firms, KPMG, reveals that investment in the crypt
Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse
Rock Legend Gene Simmons Is Holding Crypto Despite Market Sell-Offs and FTX Collapse Rock band Kiss’ lead singer Gene Simmons has confirmed that he is still holding crypto de
Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook
Shopify Joins Libra While Quitter Vodafone Advertises Bitcoin on Facebook Facebook’s coin project, Libra, continues to draw attention despite setbacks, including a shrinkin