Category: Argentina

Strike Arrives in Argentina With USDT Support, No Bitcoin Integration Yet

Strike Arrives in Argentina With USDT Support, No Bitcoin Integration Yet

Strike, a bitcoin-based wallet and exchange service, has landed in Argentina, bringing USDT integration to users in the country. Jack Mallers, CEO of Strike, explained that his objective for bringing the app to the country has to do with providing a platform for Argentinians to hold a stable value in cash. This value will be […]

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Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts

Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts

The Argentinian government is starting to inquire about the power consumption of bitcoin mining companies after some provinces in the country faced power cuts during the last days of 2021. Cammesa, the state-owned power wholesaler, has sent a memo to big power consumers to reveal whether they are mining cryptocurrency. If so, the companies should […]

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Ethereum Co-Founder Vitalik Buterin Talks Argentina, BCH, Stablecoins, Scaling in Tweetstorm

Ethereum Co-Founder Vitalik Buterin Talks Argentina, BCH, Stablecoins, Scaling in Tweetstorm

Vitalik Buterin, the co-founder of Ethereum, the second-biggest cryptocurrency by market cap, has reacted to some of his earlier beliefs in a new year’s tweetstorm. The developer touched on some subjects including the rise of cryptocurrency in Argentina and how stablecoins are thriving in the country, how ethereum scaling is still a pressing concern for […]

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Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments

Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments

The Central Bank of Argentina has announced it is making inquiries regarding cryptocurrency investment companies. Specifically, the bank stated they are investigating companies that are offering extraordinary returns with cryptocurrency investments, which are not reasonable. These companies could be operating as Ponzi schemes, according to the bank, and it is currently examining the possibility of […]

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Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’

Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’

Over the last few weeks, furious debates over Covid-19 and vaccine mandates have divided people into two classes. On December 21, one individual from Argentina explained in a forum that “banks in Argentina are not letting unvaccinated people inside.” The person said that whether people are for or against vaccines, the mandate was “nuts” and […]

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Argentinian Chamber of Fintech Makes Cryptocurrency Regulation Proposal

Argentinian Chamber of Fintech Makes Cryptocurrency Regulation Proposal

The Argentinian Chamber of Fintech, a membership-based organization whose goal is to lead the digitization and modernization of the financial services industry, issued a series of recommendations for the upcoming regulation of virtual assets in the country. The proposed framework asks the government to follow FATF recommendations, and it calls for a clear definition of […]

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Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio

Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio

On November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s Global Headcount Grows to 400 After Acquiring the Crypto Investment Platform Sesocio At the end of March, Blockchain.com raised […]

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Argentina Announces New Taxation on Crypto Transactions

Argentina has announced new taxation for crypto transactions based on the existing credits and debts. The announcement came on Wednesday reversing the earlier exemptions granted to third-party payment service providers and businesses. The official decree read, “The exemptions provided for in this decree and in other regulations of a similar nature will not be applicable […]

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Argentines Pay More For 1$ in Bitcoin or DAI Than For One Physical Dollar

Argentines Pay More For 1$ in Bitcoin or DAI Than For One Physical Dollar

Argentina is undergoing a new episode of market jitters after the victory of the opposition forces in the legislative elections. As analysts predict a new devaluation on the horizon, people are rushing to hoard as many dollars as they can… Crypto dollars, to be more specific. So far this week, the price of the “Dólar […]

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Bybit Becomes The Global Main Sponsor of Argentina’s National Soccer Team

Bybit Becomes The Global Main Sponsor of Argentina’s National Soccer Team

The Argentine Football Association (AFA) revealed that Bybit will serve as its Global Main Sponsor for all selections in the next two years. Thus, the cryptocurrency trading platform put its name next to well-known corporations such as Adidas, Nissan, and Coca-Cola, which are also official sponsors of Argentina’s national soccer team. Bybit’s Logo on Messi’s […]

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