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Argentinian Government Excludes Crypto Investors From Buying Dollars – Regulation Bitcoin News

Argentinian Government Excludes Crypto Investors From Buying DollarsThe Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation.
Argentinian Crypto Users Excluded From Buying Dollars in Official MarketsThe Argentinian government is trying to stop the escalade that the exchange rate of the blue dollar, the price of the U.S. dollar in informal markets in the country, has had since some weeks ago.
The Argentinian Central Bank has issued a resolution that excludes companies and individuals that have purchased cryptocurrencies from accessing dollars at the official rate.
These restrictions will have to be fulfilled 90 days prior to the purchase of dollars in the official market.
What do you think about the new restrictions the Argentinian government has imposed on crypto investors?

Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by TokenAround.

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