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‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina
24.10.2024
President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current tax enforcer in Argentina, replacing it with a simpler, smaller agency, eliminating over a third of...
Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations
22.10.2024
Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country. If the draft is approved, each institution will register with a minimum capital amount to operate on Argentine soil....
Binance Secures 20th Global Milestone With Argentina Crypto Registration
3.10.2024
Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in...
Binance ‘fully available’ in Argentina after VASP registration
1.10.2024
Binance becomes fully operational in Argentina after securing registration with the country’s securities regulator.
Argentina Rejects UN Pact for the Future as Milei Breaks With International Agenda
24.9.2024
The government of Argentina has refused to endorse the United Nations Pact for the Future, a framework that proposes solutions for “the biggest challenges of our time.” Foreign Minister Diana Mondino stated on Monday before the UN Assembly that these agendas weren’t binding and that Argentina...
Latam’s Giant Mercado Libre Announces Expansion of Its Stablecoin Project
17.9.2024
Mercado Libre, Latin America’s e-commerce and financial services giant, has announced that it will expand its previously launched Meli Dólar, an in-house developed dollar-pegged stablecoin, to other countries. The token, developed in partnership with the Argentina-based crypto exchange Ripio...
First Seizure of Stablecoins Recorded in Argentina as Authorities Disrupt Money Laundering Operation
7.9.2024
In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly $28,600 in stablecoins from a criminal organization that used cryptocurrency to launder millions of dollars. The criminals obtained these funds from two main activities:...
Libertarian Javier Milei: ‘Only Entrepreneurs Can Create Wealth’
6.9.2024
The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and who should be responsible for its creation. During a visit to Mercado Libre’s offices on Thursday, Milei stated that while a president can create conditions that...
Milei’s Government Creates ‘Minority Report’ AI Unit to Predict Crimes in Argentina
10.8.2024
The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and other technologies to supervise the internet and predict crimes before they happen in Argentina. The unit, created last week, has caught attention...
Latam Insights: El Salvador Proposes Using Crypto for International Settlements; First Bitcoin-Funded Company Registered in Argentina
4.8.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador proposes using crypto as a tool to complete international settlements with Russia, Argentina registers its first bitcoin-funded company, and...
Milei Reveals New Economic Phase for Argentina: Zero Monetary Issuance
1.7.2024
Javier Milei, the libertarian President of Argentina, has revealed the new policies that will be applied to cement the economic victories he has achieved in Argentina. In an interview, he stated that now, with the recent approval of the omnibus law, the country has reached phase two of its economic...
Worldcoin to Establish Latam Hub in Argentina Despite Heavy Scrutiny
14.6.2024
Worldcoin, the biometric identification project, has announced a new expansion process in Argentina, where it reportedly will seek to open 50 new locations with eye-scanning hardware. The announcement comes after Buenos Aires indicted Tools For Humanity, the company behind Worldcoin, for including...
Argentina crypto group plans to set up a blockchain valley in Buenos Aires
28.5.2024
The crypto coterie in Argentina plans to set up a blockchain valley in Buenos Aires as a part of its Crecimiento movement, with a following of 500 individuals. The coterie consists of all the eminent players within the country’s ecosystem. Some of these notable figures include Diego Guitérrez,...
Crackdown on Crypto Investment Scam Leads to Massive Raids in Argentina: $100 Million Operation Uncovered
10.5.2024
The detainment of two Chinese and one Argentine national involved in a $1.25 million crypto investment scam led to the discovery of a $100 million operation in Argentina. According to local reports, the investigation resulted in the raid of a supermarket that was used as a facade for conducting...
Worldcoin CEO Met With Argentine Government Officials Amidst Ongoing Probes
8.5.2024
Alex Blania, CEO of Tools For Humanity, the company behind Worldcoin, recently traveled to Argentina and met with high-profile officials of President Milei’s administration. The objective behind these meetings would be to clarify this project’s objectives given that it has found...
Elon Musk Meets President Milei, Reccomends to Invest in Argentina
8.5.2024
Elon Musk, the billionaire entrepreneur and CEO of Tesla and Spacex, called to invest in Argentina after meeting with Argentine President Javier Milei. Musk and Milei met for the second time in less than a month after Milei participated in the Milken Institute Forum, an event that gathers important...
Argentina Regulator: We Want to Work With Crypto Firms to Police Industry
4.4.2024
Argentina’s top financial regulator says that it wants to “work together” with the nation’s crypto industry as it steps up its control over the sector.
The post Argentina Regulator: We Want to Work With Crypto Firms to Police Industry appeared first on Cryptonews
Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina
27.3.2024
Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.
The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews
Argentina Regulator Outlines Plans to Police Crypto Exchanges
20.3.2024
The top Argentinian financial regulator says it plans to “supervise” the Latin American nation’s crypto service providers.
The post Argentina Regulator Outlines Plans to Police Crypto Exchanges appeared first on Cryptonews
Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry
19.3.2024
The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry, which also establishes obligations for crypto companies to deliver personal information on their...