Good news and a boost for Bitcoin as Argentina is ready to use Bitcoin for international transfers.
How can you do international transfers if only Argentina is ready to do them?
When you speak about "international" it means at least two countries, which one is the other?
BMV adopt bitcoin payment as an alternative to SWIFT, so International payment means to transfer money anywhere around the globe, I guess.
Besides...
https://cointelegraph.com/news/argentinian-bank-now-using-bitcoin-for-cross-border-transactionsAccording to BMV, the new service allows customers to transfer money from account to account in less time than traditional bank transfers. BMV states that the new service will reduce transfer times by up to 24 hours.
So, it's still worse than SEPA
Seems like they've found a way to overcomplicate things:
Argentinian Banco Masventas (BMV), has announced a partnership Bitex
So, instead of having the transfers done by a bank, now we have a bank and another financial 3rd party service, just to jack up the prices a bit more.
I have a far better solution, use
BTC directly with no intermediaries. !!!!!!
At least a domestic bank in Latin America area has adopted bitcoin even though have to cooperate with a 3rd party as the intermediary, it's still good enough to introduce bitcoin to layman. Moreover, people will believe more confident in the service because bank offers security and guarantee of their funds.