wallpaper spfc white version wallpaper preview Local Soccer Club Signs Player with Crypto

Local Soccer Club Signs Player with Crypto

-Argentina has made headlines recently for signing a local football player with cryptocurrency.

-The Sao Paulo soccer team in Brazil has just bought a player with crypto.

-The transfer of midfielder Giuliano Galoppo from Banfield to Sao Paulo was done with the help of a stablecoin.

-The transaction was worth up to $8 million, tied to the volatile nature of the exchange in terms of the rate of Argentine peso.

-This news comes in the middle of Argentinas economic restrictions owing to a economic crisis.

-Crypto volatility remains an issue.

-The current gap between pesos and dollars are widening and rising up.

-The unstable economy of Argentina has helped with adoption of crypto, specifically stablecoins.

-The foreign exchange restrictions imposed by Central Bank of Argentina does not reference crypto.

 

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