Argentina

President-elect of Argentina Javier Milei ran on a promise of economic change. The shape of the transformation will only become known after his inauguration on Dec. 10, but stablecoins will play an important role in Argentinians’ financial lives no matter what happens, Ripio CEO Sebasti&aac ...

The image of a presidential candidate destroying a model of the central bank with a sledgehammer will not leave Argentines' memories for a long time. But once President-elect Javier Milei is seated on the throne on Dec. 10, will he still have the courage to follow a winding and risky path? ...

After a long and dramatic presidential race, libertarian candidate Javier Milei triumphed in Argentina’s presidential election on Nov. 19.Milei promises to abolish the country’s central bank, among a slew of other radical policy changes capturing the attention and imagination o ...

Argentina's Bitcoin (BTC)-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa.With almost 99% of the vote counted, Milei won over 55% of the votes with a nearly 3 million vote lead according to Bloomberg data. ...

Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust.The proposed legal framework was pitched by Bitcoin Argentina's president Ricardo Mihura at LABITCONF 2 ...

The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies.Across 30 hours over Oct. 23 to 24, the cost of buying one Bitcoin has reached all time-highs when using the Argentine peso (ARS), Nigerian naira (NGN), Turkis ...

After a series of remarks about the potential benefits of central bank digital currency (CBDC) for the national economy, the Central Bank of Argentina said it has accelerated its work on the legislation to implement the CBDC workflow in the country. On Oct. 18, during a public discuss ...

Agustín D'Attellis, the Director of the Central Bank of the Argentine Republic (BCRA), has publicly supported the promotion of a central bank digital currency (CBDC), referred to as the "digital peso" (PAD), as a remedy for the Argentine economy. D'Attellis believes that the traceability of CBDC tra ...

Brazil Proposes Plan to Settle Bilateral Trade With Argentina in Chinese Yuan The government of Brazil has formally presented a proposal to Argentina to settle bilateral trade transactions in the Chinese yuan. The propo ...

An Argentinian politician with a knack for supporting Bitcoin and calling for the abolishment of his country’s central bank has taken the lead in the country’s presidential primary elections. With over 90% of the votes counted, libertarian pro-Bitcoin (BTC) candidate Javier Mil ...

Authorities in Argentina have become the latest government officials to probe cryptocurrency project Worldcoin over privacy concerns.In an Aug. 8 announcement, Argentina’s Agency for Access to Public Information (AAIP) said it was investigating Worldcoin over its collection, storage ...

A missing cryptocurrency millionaire and Instagram influencer based in Argentina has turned up dead, with police suspecting murder after he was found dismembered in a suitcase. According to several local media reports, Fernando Pérez Algaba, a crypto trader and influencer, was suspected as ...

Argentina welcomed its first Bitcoin futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda.According to Matba Rofex, the trading platform behind the investment vehicle, it is t ...

On today’s Macro Markets show, veteran stock market and Cointelegraph analyst Marcel Pechman starts by analyzing Argentina’s 150% inflation, which proves that people continue to work and consume (somehow) even if their local currency loses its value.What is the lesson here? For starters, e ...

Digital asset exchange Bitfinex has launched a peer-to-peer (P2P) trading platform in Venezuela, Argentina and Colombia.In a June 27 announcement, the crypto exchange said it had started the “Bitfinex P2P” platform allowing users in the South American nations to buy and sell Bi ...

Bitcoin (BTC) tapped $31,000 for a third time this year on June 25 as the weekly close promised volatility.BTC/USD 1-hour chart. Source: TradingViewBTC price challenges $31,000Data from Cointelegraph Markets Pro and TradingView showed BTC price movements focusing on yearly highs. ...

Crypto exchange Bitget has seen a surge in new accounts in Latin America following lawsuits by United States regulators against major competitors Binance and Coinbase.As compared to daily averages, new users in the region increased by 43% from June 6 to 9, with Brazil and Argentina leading ...

The management of the operator of the largest stabelcoin by capitalization Tether signed an agreement with Tbilisi Business and Technology University (BTU). The company said the partnership will give students the knowledge and skills they need to work in the digital econo ...

The management of the operator of the largest steblecoin by capitalization Tether announced the cooperation with the service KriptonMarket to promote USDT as a means of payment for small businesses in Argentina. KriptonMarket is working to improve access to stablcoin for ...

Bitfarms, a mining company based in Canada, has announced that it has secured the necessary electricity permits to expand its production capacity to 100 MW at its Rio Cuarto facility in Argentina. The company is planning to increase the farm's active capacity by 100% by April 28, with the additio ...

The Bitcoin Futures Index has been approved by the National Commission of Values of Argentina (CNV) as part of their strategic innovation program, marking a significant step forward for the country's financial sector. This new futures index is set to be the first of its kind in Latin America and ...