Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela

By Bitcoin.com - 1 साल पहले - पढ़ने का समय: 2 मिनट

Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: the Argentine Peso plunges against the U.S. dollar, Venezuela and Russia agree to develop a joint SWIFT alternative, and Bitcoin mining is still paused in Venezuela.

अर्जेंटीना पेसो डॉलर के मुकाबले 10% गिर गया

अर्जेंटीना पेसो के पास है खोया more than 10% against the U.S. dollar during the last week, going from less than 400 pesos per dollar in the informal blue exchange rate to more than 440 on April 21. The cause of this sudden rise has to do with the perceived weakness of the Argentine government, which has been unable to control the rise of inflation, which पहुँचे inter-annual levels of more than 100% in March, the highest in all of Latam.

The country currently holds $2 billion in its foreign currency रिज़र्व, a low number when compared to the reserves of Brazil, an economy five times the size of Argentina, which holds approximately $350 billion in foreign currency. This has caused Argentines to purchase dollars to take refuge from devaluation of the peso, with analysts predicting its price reaching स्तर of over 500 pesos per dollar later this year.

वेनेज़ुएला और रूस स्विफ्ट विकल्प विकसित करने की योजना बना रहे हैं

Venezuela and Russia announced that they were working to develop an alternative to SWIFT, the bank messaging and settlements system that most banks use to complete cross-border payments. Accompanied by his Russian counterpart Sergey Lavrov, who also दौरा Brazil on his Latam tour, Venezuelan Foreign Minister Yvan Gil stated that such a system was already in development.

गिल वर्णित:

सेंट्रल बैंक ऑफ वेनेज़ुएला और बैंक ऑफ़ रशिया की तकनीकी टीमें एक ऐसी प्रणाली में जाने के लिए वित्तीय संदेशों के आदान-प्रदान पर काम कर रही हैं, जहाँ हम वाणिज्यिक लेनदेन के नियामक के रूप में खुद को हेग्मोनिक डॉलर से मुक्त करते हैं।

The system will be an answer to the निष्कासन from the SWIFT network that Russian banks suffered in 2022 as a result of the wide package of sanctions enacted by Western nations on Russia. Gil stated more updates on this system would be shared in the next weeks.

विनीज़वीलियन Bitcoin Mining Farms Are Still Inactive

RSI Bitcoin mining ecosystem in Venezuela is still inactive, with most farms not operating as a result of the so-called PDVSA-crypto जांच that is affecting the cryptocurrency sector in the country.

कथित रूप से राष्ट्रीय बिजली कंपनी कॉर्पोइलेक द्वारा खनन कार्यों में ठहराव अभी भी जारी है, जिसमें खनिकों को घाटा हो रहा है जो सैकड़ों हजारों डॉलर तक पहुंच गया है।

के अनुसार क्रिप्टोनोटिसियस, owners of these Bitcoin farms could be losing $11 million monthly, with Corpoelec losing about $2 million as a result of this forced pause. There are still no reports about when these operations could be restarted, as the probe is still ongoing.

आप इस सप्ताह लैटिन अमेरिका के विकास के बारे में क्या सोचते हैं? हमें नीचे टिप्पणी अनुभाग में बताएं।

मूल स्रोत: Bitcoin.com