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Bitfarms estimates Argentinian facility will reduce BTC mining costs by 45%
20.4.2021
Bitfarms estimates it could have mined BTC for $4,125 each during Q4 2020 if its forthcoming Argentinian facility was operational
Argentinian Province Introduces Sweeping Crypto Tax Laws
5.2.2021
The central province of Córdoba, Argentina, appears to have had enough of waiting for the national government to act on crypto tax – and has instead moved to introduce a local tax on the crypto activities of its residents.
Per CBA24n, the provincial legislature has voted in favor of a new bill that...
Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce
28.1.2021
Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency
Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
8.11.2020
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such...
Argentinian Provinces Mull Stabelcoin-powered Answer to Financial Mess
5.3.2020
More Argentinian provincial governors are considering the issuance of locally issued digital tokens or stablecoins.
As previously reported on Cryptonews.com, Josefina Canale, the provincial deputy of Mendoza, in the northern-central part of the country, has already gone public this week with claims...
Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money
5.9.2019
The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting...
Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money
15.8.2019
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same...
Argentinian, S Korean Local Governments Set New Blockchain Goals
8.7.2019
Local governments around the world are looking to revitalize their economies using blockchain technology.
Officials in the Argentinean province of Río Negro, on the northern edge of Patagonia, have been briefed on the technology underpinning cryptocurrencies. Senior officials were given...