In the midst of the controversy for the $ LIBRA cryptocurrency and the fraud accusations, the Argentine Chamber Fintech issued a statement in which it reaffirmed its commitment to the development of a “solid, reliable and reliable crypto industry oriented to the growth of the country”.
The entity highlighted the need to differentiate these types of cases of the real value that crypto technology can contribute to the national economy. “It is key to differentiate cases such as this of the real value provided by the technology crypto to the productive and financial development of Argentina,” he said.
Argentina is a global leader for adoption of cryptoactive and blockchain, with “more than 2.5 million monthly active users of crypto wallets and a volume of transactions that exceeded 91.1 billion dollars in 2024”. However, for this position to translate on opportunities, it is necessary to operate with “transparency and security.”
In that sense, the Fintech Chamber remarked the importance of using platforms registered and supervised by the National Securities Commission (CNV) and expressed its willingness to “collaborate with public authorities in the formation of technical teams and the construction of policies that promote the innovation and protect users. ”
The entity also detailed the benefits of crypto technology in the country, mentioning its impact on savings protection, financial inclusion, credit democratization and process automation. “Stablecoins and virtual assets allow millions of Argentine people and SMEs to preserve the value of their income and access inaccessible investment instruments,” he said.
Finally, the statement concluded that “Argentina is facing a historical opportunity to lead the way to a modern, efficient and inclusive digital economy,” and reiterated its commitment to work together with the public and private sector to boost the sustainable growth of the crypto industry .
By rn
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