Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact...
Tag: Argentina
Can South America Topple Europe At The 2022 World Cup?
TOPSHOT – Brazil’s forward Neymar reacts at the end of the Russia 2018 World Cup quarter-final … [+] football match between Brazil and Belgium at the Kazan Arena in Kazan on July 6, ...
Argentina Embraces Bitcoin in the Face of Rising Inflation
The people of Argentina are financially conscious by necessity. The country has been in a vicious cycle of hyperinflation and stabilization for decades. The recent turn of inflation that started in 20...
Argentina better than El Salvador at Adopting Bitcoin Despite Government Push to use bitcoin
El Salvador’s government encouraged people to use Bitcoin, but Argentina’s crypto growth was mostly spontaneous. The techniques and consequences of the two paths – top-down and bottom-up – are signif...
Argentina Crypto Adoption Increase To Fight Against Surging Inflation – Coinpedia – Fintech & Cryptocurreny News Media
Argentina is now one of the crypto-friendly countries in terms of crypto adoption. Argentina has been engaged in a war against inflation since 2016, caused by a lack of trust in the Central bank or go...
Argentina: crypto adoption increases – The Cryptonomist
A recent report highlights how crypto adoption is increasing in Argentina, mainly due to the problems of high inflation. Argentina takes another step towards crypto mass adoption Argentina among the t...
The Electric Vehicle Boom Has Turned Argentina Into A Lithium Hotspot
Energy companies are showing excitement for lithium, often referred to as white gold, just as they showed great enthusiasm for oil in its heyday, well aware that it’s going to be part of the vehicle r...
Argentina NGO Spearheads Mission To Educate High Schoolers About Crypto
Bitcoin Argentina, a non-profit organization dedicated to the promotion and growth of Bitcoin and cryptocurrencies in the country, will implement Bitcoin instruction in high schools. The Built With Bi...
Bitcoin Argentina NGO to Take Crypto Education to Schools – Bitcoin News
Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bi...
Crypto Adoption Rises in Argentina Despite Strict Central Bank Regulations
Crypto industry is growing big and mature day by day, increasing its user base on a massive note. More so, crypto communities are expanding in all parts of the world nurturing its services to all user...
The New Bill of Argentina Senate to Tax Assets Held in Foreign Countries along With Crypto
Digital assets in Argentina are defined as a digital representation of value or rights, transferred and stored electronically using Distributed Ledger Technology(DLT) or other similar technology accor...
Argentina Was at the Cusp of a Crypto Boom. The Central Bank Had Other Plans
According to sources, the BCRA’s decision generated bewilderment among the numerous exchanges operating in Argentina, which have recorded high growth rates in the last three years, largely becau...
Argentina Central Bank Raises Rate to 49% As Inflation Jumps
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Argentina’s central bank raised interest rates for the fif...
Central Bank of Argentina Bans Private Banks From Offering Cryptocurrency Services – Regulation Bitcoin News
The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurren...
Argentina Banks To ‘Call A Halt’ To All Crypto Operations
Editors News Argentina availed a fund facility of $45B from IMF in May 2020. In March, the monthly inflation rose up to 6.7% in Argentina. Argentina’s inflation rates are spiking up at an alarming ra...
Argentina To Shut Down Crypto Activities To Attain $45 Billion Loan, Says IMF
The South American country Argentina’s central bank released a statement on Thursday saying that the country’s financial sector is not allowed to provide services related to digital assets that are no...
Argentina Prohibits Banks From Offering Crypto Services
In a big blow to the Cryptocurrency industry, Argentina has prohibited all digital asset related services provided by the banks. According to the report, the Central Bank of Argentina (BCRA) has menti...
Latin American crypto revolution on hold as Argentina throws spanner in the works
The Central Bank of Argentina issued a release on May 5 detailing plans to “discourage the offer of crypto assets” through its financial system. The release stated financial service providers are proh...
Argentina Halts Crypto Operations Undertaken by Financial Institutions
Days after Argentina’s largest private bank Banco Galicia opened crypto trading services, the nation’s central bank cracked the whip by banning financial institutions from carrying out crypto transact...
Argentina bans banks from offering crypto services
Argentina’s central bank has banned operations that allow bank clients to purchase crypto just two days after Banco Galicia, Argentina’s largest private bank, and digital bank Brubank announced they w...
Amid IMF Pressure, Argentina Bans Crypto Sales Through Banks
Key Takeaways Argentina’s central bank has banned financial institutions from offering services related to unregulated crypto assets. Since no crypto assets are regulated in the country, the mov...
Argentina’s Central Bank Prohibits Banks from Offering Crypto Services
Argentina’s central bank on Thursday clarified in an announcement that regulated financial institutions within the country cannot facilitate clients to carry out operations with digital assets. This n...
Central Bank Of Argentina Blocks Financial Institutions From Offering cryptocurrency
Digital assets in Argentina are defined as “a digital representation of value or rights. Transferred and stored electronically using Distributed Ledger Technology(DLT) or other similar technology acco...
Argentina and Bitcoin: A Perfect Match?
Argentina has long been marred by a battered economy and corrupt politicians. Many remember a time in the early 90s when these politicians froze everybody’s bank accounts overnight, and many people sa...
Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina – Bitcoin News
Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is currently offering to customers. Users interested in investin...
Two largest banks in Argentina set to start supporting cryptocurrencies
The two largest banks in Argentina, Banco Galicia and Brybank, have announced plans to allow their customers to make cryptocurrency purchases. Such endorsement could be a major turning point for crypt...
Argentina’s Private Lenders Confirm Crypto Services Launch
Two banks in Argentina, Banco Galicia and Brubank, are now offering cryptocurrency investment services to their customer base, both the lenders officially confirmed on Twitter. Banco Galicia, which is...
Argentina considering switching all operations to distributed-ledger technology
On Monday, Mayor Horacio Rodríguez Larreta of Buenos Aires, the capital of Argentina, announced that the city is on the verge of recognizing crypto as a medium that could be used for various financial...
Argentina considering Bitcoin to combat inflation
Argentina, a country that has long grappled with serious problems of high inflation, is considering using Bitcoin specifically to curb an inflation rate that seems unstoppable. Argentina looking to B...
Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto – Bitcoin News
Argentinians are very interested in cryptocurrencies, according to a survey made by Americas Markets Intelligence. According to data sourced from the study, more than one in ten Argentinians have made...
Crypto to be mined in Sorradino in Argentina to avoid higher inflation
Crypto mining in the town of Sorradino in Argentina’s Santa Fe Province could start soon It will mine in a bid to collect the cash required for its increasing inflation The city chairman sees no gamb...
Argentina Raises Key Rate To 47% as Inflation Hits 20-Year High
(Bloomberg) — Argentina’s central bank raised interest rates for the fourth time this year after inflation data published earlier in the day showed prices increasing at the fastest monthly pace ...