The Argentine deputy for the province of Mendoza, José Luis Ramón, criticized through his Twitter account the disposition of the IMF to “discourage” the use of cryptocurrencies as part of the understanding with Argentina. The deputy specifically criticized the last point on page 19 of the section that refers to the calls “Growth and resilience policies”in which it is stated:To better safeguard financial stability, we are taking steps to discourage the use of cryptocurrencies with a view to preventing money laundering, informality, and disintermediation.“. According to the letter of the section, although you are looking for “provide further support to the current payment digitization process to improve the efficiency and costs of payment and cash management systems” Increased regulations are also predicted for “safeguard financial consumer protection“.
Ramón argued about this that “methods to prevent this is not to discourage the use of cryptocurrencies, but update to the times” and clarified that “It is not the first time that the Central Bank of the Argentine Republic has denied the use of cryptos”. In this sense, he recalled his words from a year ago where he commented that “the Central Bank should promote the potential of entrepreneurs and new technologies or solve the problem of thousands of families being scammed by banks”.
That raises the provision: Strengthening financial resilience. Let’s say that the methods to prevent everything they say is not to discourage the use of cryptocurrencies, but to keep up with the times. It’s not the first time @BancoCentral_AR refuses to use Crypto 2️⃣ pic.twitter.com/EjjpkztF4S
– José Luis Ramón (@JoseLuisRamonOk) March 18, 2022
The deputy clarified, in turn, that “as long as everyone does their job properly, cryptocurrencies should not be a space of informality but an alternative for the times”. “That an agreement with a credit institution is established to discourage its use is reprehensible at least”, he concluded.
It is not the first time that the deputy has spoken in favor of cryptocurrencies. In 2021, Ramón presented a project so that workers in a dependency relationship and those who export services can choose to collect all or part of their salary in cryptocurrencies.. “The purpose of this Law is to empower workers, as well as human beings who carry out small exports of services, to receive their remuneration in cryptocurrencies.”, could eventually be read in the project of the Mendoza legislator. “This measure, in addition to strengthening the autonomy of dependent and self-employed workers, offers them a modern mechanism to preserve the purchasing power of their remuneration without implying its conversion into foreign currency, as Law 27,541 seeks to discourage.“.
“Likewise, this project allows self-employed workers who export services abroad to preserve the purchasing power of their remuneration in the process of entering the country.”, could be read in last year’s proposal. The project posed that the decision was “exclusively” of the worker and that he could receive either an amount of crypto equivalent to the salary of the month in pesos or a fixed amount in crypto (ie not tied to the payday quote). In addition, the project contemplated that, in relation to social security protection, the receipt will inform the amount collected in pesos and contributions and discounts will always be made based on the total amount in pesos paid (including that corresponding to cryptocurrencies at the exchange rate). moment).
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