Brazil and Argentina to Start Working on Creation of Latam Common Currency – Economics Bitcoin News

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Economy minister of Argentina Sergio Massa said the discussion would revolve around initial considerations for the issuance of the common currency that has been called sur, Spanish for 'south.'

Brazil and Argentina are looking to begin work on the issuance of a common currency. Sergio Massa, minister of the economy of Argentina, also stated that the two countries will be inviting other nations in the area to join this economic integration project in the future.Ministries of Brazil and Argentina will be discussing the first steps to issue a common bilateral currency.

There will be … a decision to start studying the parameters needed for a common currency, which includes everything from fiscal issues to the size of the economy and the role of central banks. I don’t want to create any false expectations … it’s the first step on a long road which Latam must travel.While the currency would be first studied and designed to be a bilateral endeavor, the project could be extended to include more nations in Latam in the long run. “It is Argentina and Brazil inviting the rest of the region,” Massa explained.

 

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Ksyzx

Argentina is a shame lol

Unfollowing... Massita Humoman as a reference. Right.

A bold endeavor to spearhead! Lots of great change to come but lots of work to do to prepare for it! It's easy to envision a global borderless economy but it will take implementing the right tools at the right time to get us there.

Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months

Tell them to build that Sht on Stellar 🚀🔥🤑

Corrupt clowns lol...first fix that mess and corruption.

Interesting! Argentina looking to join the DeFi revolution by potentially launching their own cryptocurrency. I'm excited to see what comes out of the discussion - Hodl tight $SUR!

Yes. This coin will go “south”.

Do you have contact?

Ok then, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals!

Seems like bullish😄

Deveria se chamar Cul

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Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — ReactionGlobal Macro Investor founder Raoul Pal said that it would be difficult to implement a volatile asset as a national currency. It will be a legal tender of the world anyway. big yes well or just as reserve , not necessarily the currency itself
Source: Cointelegraph - 🏆 562. / 51 Read more »