Today we learned that the IMF still haven’t learned the #Bitcoin lesson by Jack Mallers and that’s ok, it’s a process…
— ∞ ฿ł₮₵Øł₦ 𝒫𝑜𝒹𝒸𝒶𝓈𝓉𝑒𝓇 ©️ (@bitcoinpods) February 10, 2022
IMF does not want another country in Latin America to adopt #Bitcoin, period!
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) March 17, 2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at a series of measures directed at stifling the growth that the crypto industry has experienced in the country.
The debated statement slipped into the law project that approves the aforementioned refinancing of the debt declares:
The National Government, for a better safeguard of financial stability, will discourage the use of cryptocurrencies in prevention of money laundering and informality, likewise the digitization of payments will have official incentives and additional protection will be given to the financial consumer.
The ONG Bitcoin Argentina (A.C.DECODES) presented yesterday a request for access to public information before the national government to learn about the public policies that could be carried out as a result of the link that arises in the Memorandum of Understanding with the International Monetary Fund (IMF) between the use of crypto assets, money laundering and financial stability or resilience.
We will continue to report as the story develops…