{"id":178466,"date":"2023-10-21T09:41:46","date_gmt":"2023-10-21T04:11:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=178466"},"modified":"2023-10-21T09:41:46","modified_gmt":"2023-10-21T04:11:46","slug":"argentine-central-bank-to-introduce-digital-peso-bill-as-soon-as-possible-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/argentine-central-bank-to-introduce-digital-peso-bill-as-soon-as-possible-crypto-news\/","title":{"rendered":"Argentine central bank to introduce digital peso bill \u2018as soon as possible\u2019 – Crypto News"},"content":{"rendered":"
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After a series of remarks about the potential benefits of a central bank digital currency (CBDC) for the national economy, the Central Bank of the Argentine Republic said it has accelerated its work on legislation to implement the CBDC workflow in the country.\u00a0<\/p>\n

On Oct. 18, during a public discussion<\/a>\u00a0on the Filo News channel, Argentina Central Bank director Juan Agust\u00edn D\u2019Attellis Noguera revealed that the central bank is working on the legislative framework for the digital peso CBDC project recently proposed by the Minister of Economy and presidential candidate Sergio Massa. <\/p>\n

Related: <\/em><\/strong>Latin America takes global lead in preference for centralized exchanges: Report<\/em><\/strong><\/a><\/p>\n

According to Noguera, the project will be presented \u201cas soon as possible\u201d and introduced to the Congreso de la Naci\u00f3n Argentina \u2014 the country\u2019s parliament. The official hailed Massa\u2019s approach to the CBDC and implicitly criticized the position of another presidential candidate, Bitcoin-friendly Javier Milei, who has been publicly proclaiming the \u201cdollarization\u201d of the Argentine economy. <\/p>\n

It is not the first time Noguera has stepped in to defend the idea of a CBDC<\/a>. In early October, he expressed his belief that a digital peso could help stabilize the Argentine economy as soon as 2024. In the official\u2019s opinion, the key feature of the CBDC is its traceability, which would allow the government to collect taxes. <\/p>\n

On Oct. 2, Massa committed to introduce a digital peso should he win the election<\/a>, aiming to address Argentina\u2019s enduring inflation issue. As per the latest election polls, Massa is marginally behind Javier Milei, who advocates adopting the United States dollar<\/a> as Argentina\u2019s official currency while opposing the central bank\u2019s role in the economy.<\/p>\n

Magazine:\u00a0<\/em><\/strong>The Truth Behind Cuba\u2019s Bitcoin Revolution: An on-the-ground report<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

After a series of remarks about the potential benefits of a central bank digital currency (CBDC) for the national economy, the Central Bank of the Argentine Republic said it has accelerated its work on legislation to implement the CBDC workflow in the country.\u00a0 On Oct. 18, during a public discussion\u00a0on the Filo News channel, Argentina […]<\/p>\n","protected":false},"author":2,"featured_media":178467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-178466","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=178466"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178466\/revisions"}],"predecessor-version":[{"id":178469,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/178466\/revisions\/178469"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/178467"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=178466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=178466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=178466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}