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Nalezeno "economy minister": 15

Argentina’s Presidential Candidate Sergio Massa Suggests Using Blockchain for State Finance Oversight

18.11.2023
Presidential candidate and Economy Minister Sergio Massa has proposed to develop a system to allow citizens to control and monitor state finance using blockchain tech in Argentina. At a recent presidential campaign rally, he declared that Argentines “should be able to control state accounts...

Argentine Peso Reaches Record Lows After National Digital Currency Push

5.10.2023
The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843 pesos per greenback. Massa stated he would send...

Argentine Economy Minister Sergio Massa Proposes National Digital Currency

4.10.2023
Sergio Massa, Argentine economy minister and presidential candidate, has announced that, if elected, his new government plan would include launching a national digital currency that local media has called the “crypto peso.” Massa also stated that this plan would involve a tax reduction...

Bolivian Central Bank Using Chinese Yuan for International Settlements

28.7.2023
Economy Minister Marcelo Montenegro acknowledged that the Bolivian Central Bank is harnessing the Chinese yuan in its commercial settlements. The switch to using the Chinese currency has to do with the dollar scarcity that the country is facing, having to approve a law to sell part of its gold...

Argentina to Expand De-Dollarization Efforts; Seeks Extension of Yuan Based Swap Line With China

27.5.2023
The government of Argentina is reportedly seeking to expand its de-dollarization agreement with China due to the lack of dollars that the country is facing. According to reports, Economy Minister Sergio Massa would be in talks to expand the current swap line to double the available amount from...

Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves

29.4.2023
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar reserves, involves the disbursement of more than...

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty

6.7.2022
Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that...

Argentineans Rush to Tether After Economy Minister Resigns

4.7.2022
Residents of Argentina rushed to bid up the price of the popular stablecoin tether (USDT) in local fiat terms over the weekend after news broke that the country’s minister for the Economy had resigned. According to data from CriptoYa, a data provider that tracks crypto prices from Latin American...

USD stablecoin premiums surge in Argentina following economy minister's resignation

4.7.2022
Argentina has been in a long-standing battle against rising inflation and a continued decline of the peso against the U.S. dollar

Argentines Take Refuge in Stablecoins After Economy Minister Resignation

4.7.2022
Major crypto exchanges reported that consumers purchased up to three times as many stablecoins on Sunday as they usually do amid a brewing economic crisis

El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender

23.2.2022
El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government...

Tunisian Minister Says He Plans to ‘Decriminalize’ the Buying of Bitcoin

16.6.2021
After reports that Tanzanian President Samia Hassan had asked her finance chief to look into cryptocurrencies, Tunisia has become the latest African country to signal a willingness to embrace digital assets. According to remarks attributed to Ali Kooli, Tunisia’s economy minister, the North...