Can a crypto-friendly leader change Argentina’s economy amid hyperinflation?

2023-10-26 12:25

Argentina's economic turmoil has driven residents toward precious metals and digital currencies. Pro-Bitcoin candidate Javier Milei aims to use digital assets to create a fair financial market.

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Источник: btcmanager.com

argentina digital → Результатов: 30

Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation

Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank.

2023-10-4 02:43
central wants bank candidate opposition complete javier

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Bitfinex initiates P2P trading service in Argentina, Colombia, and Venezuela

Bitfinex announced the commencement of a peer-to-peer trading platform in Argentina, Colombia, and Venezuela, in an effort to cater to the growing market for digital assets in Latin America.

2023-6-28 23:46	Latin America
venezuela bitfinex colombia argentina trading market cater

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Bitfinex Unveils P2P Trading Platform in Latin America

Bitfinex, a digital asset trading platform, is continuing to foster financial self-reliance and accessibility in Latin America. With the initiative Bitfinex P2P, users in Venezuela, Argentina, and Colombia can start...

2023-6-28 19:36	News
bitfinex america p2p latin trading platform initiative

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Bitfinex unveils peer-to-peer trading platform for Latin American markets

Bitfinex, a prominent digital asset trading platform, has announced the launch of a new peer-to-peer (P2P) platform, dubbed Bitfinex P2P. The platform, which will initially target markets in Venezuela, Argentina, and Colombia, enables customers to directly trade Bitcoin (BTC), Tether tokens (USDT and EURT), Tether Gold (XAUT), and Ethereum (ETH) while facilitating payments outside of […] The post Bitfinex unveils peer-to-peer trading platform for Latin American markets appeared first on CryptoSlate.

2023-6-27 18:01	Technology
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Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8

Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.

2023-5-9 23:20	Nigeria
argentina crypto adding transactions intends offering digital

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Argentina's central bank halts cryptocurrencies from payment apps

The ban is intended to reduce Argentina's payment-system exposure to digital assets, said the monetary authority.

2023-5-6 23:57
argentina intended ban reduce payment-system monetary authority

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Argentina legislation may force citizens to declare their digital asset holdings

Argentina is set to introduce a new draft bill requiring citizens to declare their cryptocurrency holdings. Otherwise, they could face hefty tax penalties. Argentina’s new draft bill targets crypto assets The bill is meant to tighten the country’s anti-money laundering…

2023-1-11 09:14
argentina bill new draft holdings declare citizens

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Argentina’s city passes bill establishing a dollar-pegged stablecoin

Argentina's San Luis has passed a bill to establish a new stablecoin pegged unto the dollar. The move by Argentina comes after New York and Miami also joined the digital assets adoption's list.

2022-12-19 12:30	StableCoin
argentina new bill stablecoin york comes adoption

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Binance And Mastercard Partner To Launch Card To Users In Argentina

Crypto exchange Binance has partnered with Mastercard to launch a cryptocurrency power card for customers in Argentina. The card will be useful to spend digital assets in everyday purchases, a press release says, and reduce the gap between crypto and fiat payment rails.

2022-8-5 20:46
card argentina crypto binance launch mastercard press

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Argentina To Shut Down Crypto Activities To Attain $45 Billion Loan, Says IMF

The South American country Argentina’s central bank released a statement on Thursday saying that the country’s financial sector is not allowed to provide services related to digital assets that are not regulated.

2022-5-7 05:00
country argentina sector saying financial allowed assets

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Argentina: Central Bank Announces About-Turn on Digital Assets

Argentina's central bank has said that regulated financial entities should not facilitate operations in unregulated digital assets. The post Argentina: Central Bank Announces About-Turn on Digital Assets appeared first on BeInCrypto.

2022-5-7 17:30
digital argentina assets central bank about-turn announces

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Amid IMF Pressure, Argentina Bans Crypto Sales Through Banks

The Central Bank of the Argentine Republic (BCRA) has banned financial institutions from offering unregulated digital assets services. The move comes roughly a month after the International Monetary Fund approved...

2022-5-6 15:10	IMF
assets services move digital unregulated institutions offering

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President of Argentina open to Bitcoin and a CBDC, but central bank says no

Argentina’s president is open to the idea of central bank digital currency, but the country’s central bank head has rejected the idea.

2021-8-14 05:45
central bank president open idea argentina rejected

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Using crypto for payments is very risky, Thai Central Bank warns

While some countries like Argentina are looking to propose laws for the use of Bitcoin for salary payments, other countries are more critical of cryptocurrency. The Bank of Thailand (BoT) has cautioned against the use of digital assets like Bitcoin (BTC/USD) and Ethereum (ETH/USD) for the payment of goods and services.

2021-7-10 15:43	Cryptocurrency
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Huobi Adds Five New Payment Methods for Argentina Users

Huobi Global, one of the world’s leading digital assets exchanges, announced this week the integration of five new payment methods for its Argentina Peso (ARS)...

2021-7-7 13:07	Crypto Currency
argentina huobi methods payment five new announced

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Bitcoin Usage Continues To Accelerate In Argentina

The country is a haven for the digital asset as it embraces the revolution of independent money.

2021-5-19 23:58	Culture
asset digital embraces money independent revolution haven

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Crypto Exchange to Open in Crisis-Stricken Argentina, Where Bitcoin is at an ATH

Huobi Group, the operators of one of the world’s largest crypto asset trading venues, has announced that it will launch a digital currency exchange in Argentina. The new platform is expected to go live in mid-October.

2019-9-18 22:00
argentina crypto exchange huobi ath crisis-stricken bitcoin

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Bitcoin Argentina, Others Partner to Develop DLT-Based Digital Identity Solution

In a bid to foster social inclusivity and improve access to quality goods and services for residents of Buenos Aires, Bitcoin Argentina, a local non-governmental organization is collaborating with NEC and IDB Lab, to develop a blockchain-based digital identity solution, according to a press release August 26, 2019.

2019-8-27 09:00	DLT
bitcoin solution lab idb identity argentina digital

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Is Bitcoin A Safe Haven? Ask China And Argentina

Nevermind the double-digit price swings. Despite the day-to-day roller coaster ride of crypto markets, spiking demand in China and Argentina point to a pivot point for the largest digital currency – from risky bet to safe store of value.

2019-8-17 22:26
china argentina safe demand point ask crypto

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Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos

Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs.

2019-5-28 21:05	Venezuela
countries value price suffering cryptos cryptocurrencies inflation

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Coinbase Provides Wider Support for Crypto-to-Crypto Conversions

Crypto exchange platform Coinbase has announced that it will be expanding its crypto-to-crypto trading service to more countries. In the announcement, Coinbase explains that cryptocurrencies are in a transition period, which will see them move from being investment options to utilities.

2019-4-19 17:55	Digital assets
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Markets Update: Cryptocurrencies Gain Billions in Less Than an Hour

Cryptocurrency prices have spiked significantly in value during afternoon trading sessions on Feb. 8. The entire market cap of the top digital assets recorded today has added over $15 billion in fiat value in just one hour.

2019-2-8 22:30
hour billions markets gain value cryptocurrency one

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Bitwage Service Adds Payroll Tax Payment Funding Options for U.S. Businesses

Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto.

2019-1-16 05:22	Startups
payroll companies bitwage employees crypto fiat bitcoin

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This Year's G20 Put an Emphasis on Cryptocurrency Regulation

Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1.

2018-12-4 23:44	Regulation
summit financial tax international g20 crypto system

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OkCoin Exchange Launches Operation in Argentina in Conquest of Latin America

OkCoin, a leading digital asset platform for fiat and token trading headquartered in Beijing, has expanded its operation to Argentina and is about to do the same in other Latin America countries. Instiutional and retail customers are now able to exchange the Argentine peso for any cryptocurrency included in its offering.

2018-11-16 03:00	Venezuela
okcoin exchange america latin operation argentina launches

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OKCoin Rolls Out Argentina’s Crypto Trading Platform as part of Latin America’s Expansion

The new venue offers trading between the Argentine peso and several digital coins including Bitcoin (BTC), Ethereum (ETH), XRP (XRP), and Bitcoin Cash (BCH).

2018-11-15 20:56	News
trading bitcoin xrp cash several bch peso

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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

2018-11-1 23:35	Op-ed
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Cryptos Gain Adoption Amid Venezuela’s Economic Turmoil

Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.

2018-10-10 22:30	Venezuela
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ConsenSys Ventures Kavita Gupta Talks Tachyon and India

ConsenSys, the Ethereum production studio based in the U. S. , launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $50 million and $100 million.

2018-8-6 17:40	Investing
consensys blockchain companies teams technology ethereum network

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Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Increasing concerns about sticky inflation hit risk assets across all markets including cryptos.

Bitcoin interest in Argentina hits 20-month high as inflation soars above 270%

As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data…

Crypto market, Bitcoin go bearish following US CPI report

The global crypto market and the leading cryptocurrency, Bitcoin (BTC), registered a slight decline as the U.S. Consumer Price Index (CPI) data exceeded expectations. According to data from the CME Group, the CPI annual rate dropped from 3.4% to 3.1%…

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation

The CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.

Crypto Market Reaction: US CPI Comes in Hot for December

The US CPI came in 3.4%, while core came in higher than expected. Stocks are plunging.

The post Crypto Market Reaction: US CPI Comes in Hot for December appeared first on BeInCrypto.

3 reasons why Bitcoin price failed to break $37K

Bitcoin’s latest price pullback to $35,000 was driven by softer U.S. inflation, China’s economic challenges and regulatory uncertainties.

Bitcoin bounces at $36.2K lows as CPI inflation slows beyond forecasts

CPI positively surprises stocks, and Bitcoin catches a bid as inflationary pressures are shown to be declining faster than thought.

2023-10-26 12:25

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