$ARGENTINA SHOCKER: DIGITAL WALLETS BANNED FROM SALARIES!
This is a MASSIVE win for traditional banks. The Senate just voted to REMOVE a key provision allowing salaries to be paid into digital wallets like $LEMON. This means millions of Argentinians are LOCKED into traditional bank accounts for their paychecks.
The bill, which still needs to pass the Chamber of Deputies by February 27th, aims to cut dismissal costs and restrict strikes. But the digital wallet clause was a direct hit to fintech platforms. Banks lobbied hard, citing "systemic risk."
This decision impacts millions who rely on platforms like $LEMON and Ualá. Fintechs argued they are regulated, but the banks won this round. The fight is NOT over, but for now, the old system prevails. FOMO is REAL.
Disclaimer: This is not financial advice.
#CryptoNews #Argentina #Fintech #DigitalAssets 🚨