#经济不确定性与通胀 Argentina's banks are going to open up encryption trading, this is a big deal 🚀 Argentinians, who have long suffered from high inflation, have already been using BTC and stablecoins to survive, and now the government is finally going to bring the huge transactions from the shadow financial system into Compliance.
In simple terms: it was banned before, now it is unbanned. What does the entry of banks mean? A surge in capital and a spike in trading depth, this is a signal for the entire South American crypto market. The greater the economic uncertainty, the more people run to the blockchain—Turkey and Venezuela have already shown this, and now Argentina understands that it is better to open up than to block.
The most extreme situation is that once banks with customer bases and capital strength come in, the existing exchanges will face a lot of pressure. However, in the long run, this is a positive sign, meaning that encryption is no longer a niche hedging tool, but has become part of mainstream financial infrastructure. In the era of inflation, whoever controls the entry and exit holds the discourse power💰
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#经济不确定性与通胀 Argentina's banks are going to open up encryption trading, this is a big deal 🚀 Argentinians, who have long suffered from high inflation, have already been using BTC and stablecoins to survive, and now the government is finally going to bring the huge transactions from the shadow financial system into Compliance.
In simple terms: it was banned before, now it is unbanned. What does the entry of banks mean? A surge in capital and a spike in trading depth, this is a signal for the entire South American crypto market. The greater the economic uncertainty, the more people run to the blockchain—Turkey and Venezuela have already shown this, and now Argentina understands that it is better to open up than to block.
The most extreme situation is that once banks with customer bases and capital strength come in, the existing exchanges will face a lot of pressure. However, in the long run, this is a positive sign, meaning that encryption is no longer a niche hedging tool, but has become part of mainstream financial infrastructure. In the era of inflation, whoever controls the entry and exit holds the discourse power💰