Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: sirty143 on February 23, 2024, 02:12:22 AM

Title: Argentina to Regulate Cryptocurrency Exchanges With Executive Order
Post by: sirty143 on February 23, 2024, 02:12:22 AM

Argentina to Regulate Cryptocurrency Exchanges With Executive Order

The government of Argentina is reportedly preparing to regulate cryptocurrency service providers with an executive order. The measure would be directed to keep Argentina out of the Financial Action Task Force (FATF) gray list... See more for yourself here (https://news.bitcoin.com/argentina-to-regulate-cryptocurrency-exchanges-with-executive-order/).

Your opinion is greatly appreciated.

Title: Re: Argentina to Regulate Cryptocurrency Exchanges With Executive Order
Post by: joniboini on February 27, 2024, 03:45:15 PM

Surprised it took this long for them to draft one, does this mean crypto market is not that popular initially, or it is simply because they really don't want to get on the ban list to receive more monetary help from the IMF, or any group that can help them? I guess it won't matter in the long run, the market will likely consolidate themselves so that only one or two big players will stay and the rest will keep doing P2P. Not that different from other countries in general, unless there's some strict and crazy rules that encourage users to move to oversea platform or P2P.