BTC has become an essential financial tool to preserve wealth amid financial instability
According to Mars Finance news, a new report from the International Monetary Fund (IMF) shows that BTC has increasingly become a key channel for cross-border capital flows amid global financial instability.
Residents of countries with strict financial regulations are turning to Bitcoin to move capital more freely across borders, according to the International Monetary Fund. The report highlights the high volume of transactions coming from countries such as Argentina and Venezuela, whose citizens face hyperinflation and tight financial controls. In these regions, Bitcoin has become a necessary financial tool for preserving wealth and accessing global markets, rather than just a speculative investment.
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