The Argentine town of Sorradino in Santa Fe Province is planning to mine cryptocurrencies in order to raise the funds required for modernizing rail infrastructure and battle inflation rather than depe...
Tag: Argentina
Interpol Apprehends CEO of Generation Zoe, an Alleged Cryptocurrency Scam in Argentina – Bitcoin News
Interpol has managed to apprehend Leonardo Cositorto, the former CEO of Generation Zoe, one of the biggest alleged financial and crypto scam platforms in Argentina. Cositorto was reportedly arrested t...
Play-to-earn games within Crypto rise in Argentina –
Crypto games to play-to-earn are supported by many Argentinians Their requirements and pay, with the nation’s gaming populace multiplying lately. Argentines regularly acquire more from these games tha...
Citizens In Argentina Turn To Play-To-Earn Games To Beat Inflation And Its Effect On Their Salaries
On March 22, Bloomberg released a report that revealed Argentines are embracing play-to-earn games for beating inflation and their diminishing salaries. Axie Infinity has become popular among Argentin...
Argentina Raises Key Rate to 44.5% as Inflation Heats Up
(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 its benchmark rate Tuesday...
Play-to-Earn Crypto Games Becoming a Popular Income Booster in Argentina
Argentines are taking to play-to-earn games to boost their income, as the number of players from the country has shot up considerably in recent times. Citizens often make more through these games than...
IMF Strongarms Argentina to Discourage Cryptocurrency Use
The IMF has leveraged a $45 billion debt restructuring deal to demand the Argentinian government ‘discourage the use of cryptocurrencies’. The demand has outraged bitcoin holders in Argentina, who use...
Argentina plans to tighten regulation of crypto firms
Argentina is looking to include cryptocurrency companies in their anti-money laundering regulations according to local reports. The Buenos Aires Times cited a source that revealed Argentina’s Unidad d...
Argentina Cracks Down on Crypto With Anti-Money Laundering Rules
Argentina is set to include cryptocurrency firms in its wider anti-money laundering (AML) regulatory regime, per the Buenos Aires Times. Argentina’s Unidad de Información Financiera (UIF) is the coun...
Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina – Bitcoin News
The Zapala Free Zone, an area located in Neuquen, Argentina that has the objective of incentivizing various productive activities, will receive its first bitcoin mining-related investment this year. T...
Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto – News Bitcoin News
A recent report states that freelancing is experiencing a boom in Argentina, and also comments on how Argentinians are among workers in the region that most actively use cryptocurrencies to receive pa...
Central Bank of Argentina Prepares New Regulations for Digital Wallets – Regulation Bitcoin News
The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stoppin...
Crypto Cards Cashback Offer Attract More Users In Argentina
Argentina’s businesses are adopting crypto cards as an alternative payment choice. After analyzing an increased circulation of cryptocurrency in South American countries, many wallets establish agreem...
Argentina Set to Raise Key Rate to 42.5% Thursday, Official Says
(Bloomberg) — Argentina’s central bank raised its benchmark interest rate by 250 basis points to 42.5% on Thursday, further tightening monetary policy to align with goals set out in the governme...
Strike In Argentina, One Month Later: What Happened And What Is It Good For?
A month ago, with fanfare, Strike launched its App to the Argentinian market. A country facing ever-increasing inflation and an app that promises access to Bitcoin, “the best monetary network in human...
Ethereum Co-Founder Vitalik Buterin Talks Argentina, BCH, Stablecoins, Scaling in Tweetstorm – Coinotizia
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 subje...
Bitcoin’s LN and the latest on Strike’s ‘wildly successful’ launch in Argentina
Strike made headlines and captured the imagination of even non-crypto users when its API helped power Twitter’s venture to bring tips – and crypto tips – to people in selected jurisdictions. After abo...
Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments – Coinotizia
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 extra...
Profitability makes crypto mining more expensive in Argentina
China’s crackdown on mining has led miners to search for other countries to continue their operations. Promises of reduced costs led some to Argentina. However, the country’s government has now applie...
A Peak At The Efforts Of Two American Lithium Companies
A worker at the Controlled Thermal Resources (CRT) geothermal well drilling site cleans out a tank … [+] of excess cement and mud used in the drilling of the well, in Calipatria, California, Dec...
Bitcoin Service Provider Strike Becomes 5th Major Finance Centric Application In Argentina
Strike wallet is one of the leading financial platforms in Argentina that provides an easy Bitcoin payment transaction through Lighting Network. In addition, the platform incorporates a Bitcoin networ...
Tesla Lithium Supplier Ganfeng Says Profit Soared As Much As 437% In 2021
About half of Tesla’s global production is at this Gigafactory in Shanghai, according to a Reuters … [+] estimate. Photo is from Dec. 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomb...
Strike’s Bitcoin Wallet is #1 in Argentina in less than a week
Strike’s Bitcoin Wallet went live in Argentina last week. CEO Jack Mallers took to social media today to update on its progress. He said the Strike Wallet is now the number one new app, number five fi...
Strike Launches in Argentina With almost zero features
The strike is gradually broadening its presence in South America by making its wallet available to Argentinians. Argentine consumers benefit from what Strike’s CEO refers to as “better financial servi...
Lightning Network-Powered App Strike Launches in Argentina With Limited Usability
Argentinian users are beneficiaries of what Strike’s CEO calls “a superior financial service,” although not all users are happy. Strike launched in Argentina recently, but all is not well, and some us...
Strike App Faces Problems In Argentina; Does Not Support Bitcoin, Claim Users
The lightning payments app Strike made quite a buzz by starting its operations in the South American country of Argentina this week. But now, it has come under criticism from many users on Twitter com...
Strike App Won’t Support Bitcoin in Argentina
One Argentinian user, Nicolás, told CoinDesk the app can receive bitcoin payments but immediately converts the cryptocurrency to USDT. He said the Strike wallet only holds USDT. Another Strike user in...
Strike’s Bitcoin App in Argentina Only Supports Tether for Now
Yesterday, Jack Mallers, CEO of Strike, announced his company’s arrival in Argentina. The South American nation would be the second to receive support from the Bitcoin payment processor after a ...
Strike Shakes Up Bitcoin’s Future in Latin America with its Argentina Release
Globe’s top virtual wallet developed on the Lightning Network of Bitcoin, Strike, was released in Argentina. Argentina is one of the nations containing a high user base of Bitcoin, making it the natio...