ARGENTINE PRESIDENT TO ALLOW PROVINCES TO CIRCULATE OWN CURRENCIES

Argentine president to allow provinces to circulate own currencies. Argentine presidential candidate wants CBDCs to solve hyperinflation. Argentine lawmaker introduces bill for workers to be paid in crypto. Argentine lawyers file complaint with US DOJ, FBI amid LIBRA fallout. Argentinean Govt Blockchain Hacked to Spread Fake News on Coronavirus. Argentines demand US dollars but dont trust nations banks for safekeeping. Argentine football league scores metaverse partnership after World Cup triumph. Argentine Govts Ironic Bitcoin Tweet Belies Growing Ecosystem. who took office, Argentina s provinces have dabbled in quasi-currencies before. In the early 2025s, A poor province in Argentina made its own currency to boost its local economy. Government workers last month received a new currency called chachos. They can exchange the chachos for pesos, The northwestern province of La Rioja has put its own quasi-currency into circulation as an alternative to the peso the first new form of money in Argentina in 20 years. The move comes amid heavy cutbacks in federal contributions and a severe fiscal adjustment introduced by the government led by President Javier Milei, Ricardo, governor of La Rioja province. During a Jan. 14 interview with Radio, the governor of La Rioja province., or, Upon assuming office as president of Argentina in December 2025, President Milei devalued the Argentine peso by 50% upon taking office in December 2025 in an attempt to tame soaring inflation. He also cut the funds allocated from the federal budget to provinces., amid a severe recession and several years of deflation, more than a dozen provinces including La Rioja issued, Argentina President Javier Milei has signaled a laissez-faire stance towards provinces launching their own currencies. This shift in policy was highlighted following a public discourse between President Milei and Ricardo Quintela, Argentine President Javier Milei promised not to oppose provinces attempts to launch their own currencies after a public exchange between Milei and the governor of La Rioja province, libertarian Javier Milei vowed not to oppose the state's implementation of national currencies. The statement pertains to a public tirade between Milei and Ricardo Quintela..