Banks in Argentina Are Not Allowed to Offer Crypto Services

As part of the reserve strategy, Luna Foundation Guard has acquired 38,000 BTC. This acquisition is equivalent to $1.5 billion. The goal of this acquisition is to backstop the algorithmic stablecoin of Terra Luna, the UST. The main reason for raising a fund of $1.5 billion is to expand the hefty Bitcoin reserves of the Luna Foundation Guard (LFG). As per the record, LFG is a nonprofit based in Singapore,

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