Regulation· ★★★· bullish·

Argentina's bid to repeal bitcoin contracts decree fails

  • —Opposition fell short of the quorum needed in the Chamber of Deputies
  • —The DNU permitting bitcoin-denominated contracts remains in effect
  • —The attempt to repeal the decree failed
Why it matters: Argentina keeps a legal framework for bitcoin settlements, supporting crypto demand in a country with high inflation.
Source: CriptoNoticias