Argentina’s central bank bans payment platforms from offering cryptocurrencies, impacting companies like Ualá and Mercado Libre. Amidst high inflation, the clampdown aims to mitigate risks and protect customers, potentially limiting Argentinians seeking to safeguard savings amidst economic turmoil.
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Cryptocurrency Ignites Interest Among Chilean High-Net-Worth Investors: Evolution or Enigma?
“High-net-worth individuals in Chile exhibit growing enthusiasm for crypto investments, with investment strategies increasingly incorporating cryptocurrencies. The newly-minted “Fintech Law” lends legal status to crypto assets, facilitating their inclusion in exchanges. A slight exposure to cryptocurrencies reportedly enhances traditional portfolio returns by 6-12% annually.”