Key facts: With clear rules, Argentina can raise capital to invest and innovate, says the CEO of Lemon. The CEO of Belo points out that a standard that does not promote innovation "is a shot in the foot." If Argentina were to establish a legal framework for operations with bitcoin (BTC) and cryptocurrencies within the
Crypto used as inflation hedge in Argentina, Venezuela Curbs on foreign currency transactions boost its appeal Many virtual coin users hurt by tumbling prices this year By David Feliba BUENOS AIRES, Dec 14 (Thomson Reuters Foundation) - The "crypto winter" has shattered the money-making hopes of many small investors around the world, but in inflation-plagued Argentina, cryptocurrency converts are holding on. Inflation is expected to reach 100% this year in South America's No. 2 economy, and for many Argentine retail investors the priority is to protect the value of their savings - traditionally by buying dollars, but increasingly virtual coins.