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Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + More News
17.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Elizabeth Warren Strikes Again, Ripple Promises XRP 1B in Grants + More News
Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...
Zapala Free Zone to Offer New Opportunities to Bitcoin Miners in Argentina
12.3.2022
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. The company that will create the power infrastructure for the mining farm aims to generate more than...
Santander to Offer Loans Backed by Agricultural Commodity Tokens
10.3.2022
Santander is developing the possibility of offering loans backed by tokens that are collateralized in agricultural products. The bank has partnered with Agrotoken, a company that launched a series of agricultural commodity tokens already being used in agriculture-related markets to make...
Report: Freelance Workers in Argentina Among Most Active in LATAM Receiving Part of Paycheck in Crypto
27.2.2022
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 part of their paycheck. The report further states that workers accepting their paychecks in crypto...
Penalties and extra time: The scoreboard for soccer club crypto deals
25.2.2022
Despite Turkish government regulations having hamstrung Bitci’s soccer sponsorship deals, footballing crypto companies already have the home advantage
Central Bank of Argentina Prepares New Regulations for Digital Wallets
25.2.2022
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 stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication...
Argentinian Finance Minister ‘Wants More Crypto Taxes’
21.2.2022
Argentina’s government wants to reform the existing crypto tax laws – and ensure further compliance....
Read More: Argentinian Finance Minister ‘Wants More Crypto Taxes’
Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts
12.2.2022
The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt...
Profitability makes crypto mining more expensive in Argentina
4.2.2022
The government says that mining “presents challenges to the infrastructure of the concession area to which they are connected.”
Argentinian Government Raises Energy Costs Almost 4x for Cryptocurrency Miners
4.2.2022
The Energy Secretary of Argentina eliminated power subsidies for cryptocurrency miners, raising the cost of energy to almost 4x what the miners were paying before. The measure affects customers of the wholesale power market in the Tierra del Fuego province, one of the provinces more notably...
Judge Orders Argentinian Soccer Association to Drop Binance Deal
31.1.2022
A judge has decided to stop the deal the Argentinian Soccer Association (AFA) signed last week with Binance, one of the leading exchanges in the cryptocurrency world. María José Gigy Traynor dictated a prohibitory injunction ordering the cancellation of all deals announced or signed with...
Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
21.1.2022
Argentine-headquartered ecommerce giant Mercado Libre invested in Mercado Bitcoin and Paxos as it aims to boost its presence in the cryptosphere, as well as digital asset development and adoption in Latin America....
Read More: Argentinian e-Commerce Giant Invests in Mercado Bitcoin and Paxos
Strike wallet is 5th most popular finance app in Argentina, but where’s the BTC?
19.1.2022
“The best monetary network in human history is here, it's open, and will disrupt the world quicker than anyone thinks. Open networks win,” said Strike CEO Jack Mallers
Strike Arrives in Argentina With USDT Support, No Bitcoin Integration Yet
12.1.2022
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...
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
11.1.2022
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos...
Argentinian Government Inquires About Energy Bitcoin Mining Companies Use Amidst Power Cuts
3.1.2022
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...
Ethereum Co-Founder Vitalik Buterin Talks Argentina, BCH, Stablecoins, Scaling in Tweetstorm
3.1.2022
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...
Central Bank of Argentina Scrutinizes Companies Offering ‘Extraordinary Returns’ on Crypto Asset Investments
22.12.2021
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...
Mandates Ban Unvaccinated From Visiting Banks in Multiple Countries, Australian Premier Says ‘There’s Going to Be a Vaccinated Economy’
22.12.2021
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...