2019-3-25 15:32 |
Crypto bull Tim Draper has called on the president of Argentina to legalize Bitcoin in order to improve the economic situation in the country
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Argentina’s plummeting economy has seen citizens turn to Bitcoin as a store of value. The legislature passes friendly laws as the pro-Bitcoin president has his hands full with the crisis.
Javier Millei lost to Sergio Massa who took around 37% of the vote.
Worldcoin project has remained controversial right from its announcement and is currently facing regulatory trouble in multiple jurisdictions where it has launched.
The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region.
Bitget users in Latin America increased 43% from June 6 to 9, alongside a 134% increase in deposits.
Many experts have suggested dollarization as a way to save Argentina’s flailing economy, but it needs Bitcoin too.
Teaming with Binance Pay, the travel company will initially accept crypto in Argentina, with plans to roll this option out to additional countries.