Bitcoin Traders in Argentina Restricted From Buying Dollars

Argentina, a country battered by sky-high inflation, is restricting Bitcoin traders from buying U.S. dollars at the official exchange rate in a bid to tame capital flight. 

In a Thursday announcement, the country’s central bank said that those who have bought Bitcoin or any other digital asset in the past 90 days with pesos will not be able to access the single free exchange market (Mercado Único y Libre de Cambio—MULC) and buy dollars at the official rate. 

The idea is to stop money…


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