Tag: argentina

Jul 13 2021

South American Soccer Cup “Copa America” Trophy To Be Minted As An NFT

Jul 13 2021 Published at Bitcoinist.com under tags  argentina bitcoin btc btcusd copa america

2021's South American Soccer cup, "Copa America", winner's trophy will be minted as a Non-fungible Token (NFT). Ethernity Chain To Mint Copa America Trophy As An NFT The South American Football Federation (called "CONMEBOL") has announced that it's partnering with Ethernity Chain for minting...

Jul 12 2021

Argentinian Crypto Exchange Buenbit Raises $11 Million To Expand Operations In The Continent

Jul 12 2021 Published at Bitcoinist.com under tags  argentina bitcoin btc btcusd crypto

Buenbit, an Argentina based crypto exchange, has raised $11 million in a funding round. The firm plans to expand operations in Latin America. Crypto Exchange Buenbit Raises $11 Million The platform announced on Monday that it has raised $11 million in a Series A funding round led by Libertus Capital. Other members of the funding round included FJ Labs, Amaiya Management, Alec Oxenford...

Jul 08 2021

Worldwide Adoption: Mexico And Argentina Flirt With Bitcoin Law

The road to worldwide adoption starts with one step. El Salvador took it with their Bitcoin Law. After their announcement, every country in the region seems to be testing the waters in its own way. And now it’s Mexico and Argentina’s turn. If we take out Portuguese-speaking Brazil, these two are the biggest markets in Spanish-speaking Latin America. And they’re both flirting with...

Jul 07 2021

Member Of Argentina's National Congress Submits Bill To Allow Workers To Receive Salary In Bitcoin

Workers in Argentina may be able to receive pay in BTC and store their wealth without fear of inflation.The “Pay Me In Bitcoin” movement just got a lot stronger today when José Luis Ramón, a member of Argentina’s National Congress, announced he submitted a bill that would allow workers in a dependency relationship and exporters of services to have the option of...

May 31 2021

Subsidized Energy And Shrinking Economy Lead To Bitcoin Mining Boom In Argentina

Low energy costs, high inflation and restrictive capital controls have pushed residents of Argentina to mine bitcoin in their homes.Bitcoin miners in Argentina are taking advantage of the country’s shrinking economy and its debased currency to harvest oversized returns, powered by cheap, government- subsidized energy,...

Bitcoin Mining Booms in Argentina in the Wake of Growing Hyperinflation

Argentina is increasingly becoming the choice of Bitcoin miners because of the availability of cheap subsidized commercial electricity and controlled foreign exchange limit which help miners to make significant profits on Bitcoin...

May 18 2021

Bitcoin Usage Continues To Accelerate In Argentina

The country is a haven for the digital asset as it embraces the revolution of independent money.The presence of bitcoin continues to accelerate in Argentina, a country that has been severely affected by government-sanctioned anti-free market policies. Citizens of...

May 14 2021

Argentina Authorities Require Bitcoin Exchanges To Provide Transaction Data

Government authorities in Argentina are requiring cryptocurrency exchanges in the country to provide monthly data on users and transactions.Despite various anti-free market policies discouraging bitcoin use in Argentina, adoption has continued to accelerate in the capital control-stricken country. In the government’s most recent move, the Federal...

May 06 2021

Latin American E-Commerce Giant MercadoLibre Bought $7.8 Million Of Bitcoin

MercadoLibra, a publicly-traded e-commerce giant, disclosed a $7.8 million bitcoin purchase and plans to hold the BTC indefinitely.Argentina-based e-commerce leader MercadoLibre has disclosed that it purchased $7.8 million worth of bitcoin earlier this year, with plans to hold the asset on its balance sheet indefinitely.According to...

Jan 28 2021

Bitcoin and Inflation: Everything You Need to Know

The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?

Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce

Jan 28 2021 Published at CoinDesk under tags  agriculture argentina business news tech

Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency.

Jan 25 2021

Bitcoin Searches in Argentina Spikes Significantly as Annual Inflation Rates Crosses 40%

Jan 25 2021 Published at Coingape under tags  argentina bitcoin bitcoin news btcbrl btcbusd

Bitcoin searches have seen an unprecedented rise in Argentina when compared to the rest of the world, and many believe the reason could be its annual inflation rate which is currently about 40%. People from financially troubled...

Dec 22 2020

Why Argentines Are Turning From Dollars to Stablecoins Like DAI

Dec 22 2020 Published at CoinDesk under tags  argentina dai markets

A cocktail of high inflation, devaluation and lack of access to U.S. dollars has led Argentines to find in the decentralized stablecoin a way to protect their battered incomes.

Los argentinos están cambiando su obsesión histórica con el dólar por DAI

Dec 22 2020 Published at CoinDesk under tags  argentina dai global markets

Un cóctel de alta inflación, devaluaciones y falta de acceso a dólares los ha llevado a encontrar en esa moneda descentralizada una manera de proteger sus castigados ingresos.

Dec 15 2020

Las Criptomonedas Están Surgiendo en la Desafiante Economía de Argentina

Dec 15 2020 Published at CoinDesk under tags  adoption argentina bitso economy latin america

La industria de la criptografía de Argentina registró volúmenes comerciales récord este año, en medio de la pandemia de COVID-19 y las dificultades económicas.

Dec 14 2020

Crypto Is Booming in Economically Challenged Argentina

Dec 14 2020 Published at CoinDesk under tags  adoption argentina bitso economy latin america

Argentina's crypto industry saw record trading volumes this year, amid the COVID-19 pandemic and economic hardship.

Dec 09 2020

Crypto Remittances Prove Their Worth in Latin America

Dec 09 2020 Published at CoinDesk under tags  argentina bitso latin america markets mexico

Crypto remittances are growing in Latin America, particularly in the wake of other remittance platforms shutting off access to some markets.

Nov 11 2020

Venezuela’s Bitcoin Story Puts It in a Category of One

Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.

Oct 28 2020

From Brazil To Turkey, Bitcoin Prices Hit All-Time Highs Around The World

This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! One bitcoin will always be worth 1 bitcoin, but its price relative to fiat currencies is an important indicator of how much people around the world value the opportunity to opt...

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