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93EQ(IJ-^P20;4MWY58*~4,E<97DGG
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Posted: 2025-05-13 23:57:31 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-13 23:57:40 UTC
Verified By
Rollup News
Argentina's high inflation, restrictions on foreign currency, unstable job market, and deep institutional distrust have led its population to adopt cryptocurrency as a solution.
Annual inflation over 200%
Ban on legal access to foreign currency
Banks freezing personal savings
Job market collapse leading to reliance on remote jobs paid in dollars
Restrictions on foreign purchases
Large informal sector
Deep institutional distrust
Hyperinflation eroding trust in the local currency
Government-imposed restrictions on accessing foreign currency
Unstable job market
Limited access to international transactions
Widespread distrust in institutions