Argentine Central Bank Makes Case for Bitcoin with Latest Currency Restrictions

2019-10-29 14:18

Faced with a rapidly-devaluing national currency and an economy in crisis, the Central Bank of Argentina has just announced harsh new restrictions on the amount of U. S. dollars the nation’s citizens can buy.

The new policy serves as yet another reminder of the level of control banks can exert over their users and the importance […]

The post Argentine Central Bank Makes Case for Bitcoin with Latest Currency Restrictions appeared first on BeInCrypto.

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currency restrictions → Результатов: 25

Bitcoin price premiums surge in Argentina after President Macri’s capital control measures

The spot price of Bitcoin on the Malta-based Binance was recorded to be around $10,280, at press time. However, a potential trader in Argentina would not be able to buy BTC at the same value. President of Argentina, Mauricio Macri, recently announced that he would be reinstating strict restrictions on foreign currency acquisition, a step […] The post Bitcoin price premiums surge in Argentina after President Macri’s capital control measures appeared first on AMBCrypto.

2019-9-10 12:00
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Bitcoin rockets to $2250 premium in Argentina after President Macri imposes capital controls

The Bitcoin price exploded in Argentina after President Mauricio Macri announced he would reinstate restrictions on foreign currency purchases. Bitcoin is trading at a $1,200 premium above spot price on Buenos Aires-based exchange Buenbit.

2019-9-10 19:56	crypto exchanges
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Argentina Restricts Foreign Currency As Investors Race For The Exits

Argentina’s besieged Macri government has imposed new restrictions on foreign currency in a bid to shore up the Peso and stabilize the economy. The maneuver will do little to douse concerns of legacy government and institutional capacity to ably manage economies.

2019-9-4 00:46	World Regulation
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Capital Controls in Argentina May Drive Bitcoin Adoption

When a government decides to restrict what people can do with their own money, there is usually some backlash. Argentina is doing exactly that to prevent capital flight as the local currency crashes.

2019-9-2 13:00
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Government Restrictions on Cash Transactions Show Why Bitcoin is Important

The government of Australia wants to ban cash payments for goods and services exceeding 10,000 AUD ($6,900). Interestingly, it excludes digital currency, such as Bitcoin, from the restrictions, arguing that if the regulations cover crypto assets, they would also limit innovation.

2019-7-30 02:00	Cryptocurrency
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Facebook’s Libra Currency May Face Restrictions in India

Facebook’s proposed digital coin may face bans where the social media giant is blocked, or local laws restrict the usage of digital assets.

2019-6-20 13:55	News
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Guide to Writing a Research Paper on Bitcoin: Top 6 Issues to Discuss and What to Talk About

Today, many people debate about the theme of bitcoins. It’s a cryptocurrency that exists in the form of electronic cash. The most remarkable point about this interesting currency is that fully decentralized and no middle-men control it.

2019-4-20 00:01
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Venezuela Pushes Back Against US Sanctions On Petro Crypto, Labels Them Coercive Restrictions

Venezuela Pushes Back Against US Sanctions On Their National Cryptocurrency Petro Earlier this week the US imposed sanctions that target a Venezuelan currency exchange network scheme that siphoned off billions of dollars to corrupt insiders of the Venezuelan government.

2019-1-10 17:46	News
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2019-1-5 21:09
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Binance and Bittrex drop Iran from their list of supported countries

According to Sepehr Mohammadi, the head of Iran’s blockchain community, some of the major global cryptocurrency exchanges such as Binance and Bittrex have unofficially dropped Iran from their list of supported countries after the United States imposed more stringent sanctions against the Islamic Republic, the BTC Wires reported.

2018-11-8 16:36	United States
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Kraken: An Overview of One of Europe's Top Bitcoin Exchanges

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2018-9-27 21:21
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22	Mining
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Square’s Cash App Now Supports Bitcoin Trading in All 50 States

Mobile payment company Square is expanding its bitcoin trading support to all 50 states through its Cash App. This means that residents in all corners of the U. S.

2018-8-16 01:20	Investing
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Iran Steps Up Plan for National Crypto After US Sanctions

Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration.

2018-8-11 02:10	УС
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On a Path to Recovery: Bithumb Reopens Deposits and Withdrawals

Following a disastrous security breach in June that led to losses of more than $30 million, Korean cryptocurrency exchange giant Bithumb has announced that it is set to resume deposit and withdrawal services on its platform.

2018-8-4 21:48	Investing
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Restrictions coming to Japanese bitcoin exchange

Exchanges The association of 16 government-approved bitcoin exchanges is reportedly working on imposing a number of trading restrictions. Japan Confirms Entrance Into the Crypto Space Possible Trading Caps According to Jiji Press news agency, the Japan Virtual Currency Exchange Association (Jvcea) is planning to set trading limits for its crypto exchange members. Last month, Nikkei

2018-7-31 22:42	Virtual Currency
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Margin Trading Borrowing Limits Could Be Set in Japan as Recommended by the JVCEA

The Japan Virtual Currency Exchange Association (JVCEA) is now recommending the exchanges providing margin trading services to introduce borrowing limits for crypto investors. The self-regulatory organization is proposing the rules to protect traders who could suffer because of lack of borrowing restrictions in margin trading transactions.

2018-7-26 18:14	trading
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Reserve Bank of India’s Restrictions for Cryptos Upheld by Court

In a recent hearing, the Supreme Court of India refused to grant a stay on a banking ban for cryptocurrency entities dictated by the Reserve Bank of India (RBI). The RBI ban will come into effect on July 5th.

2018-7-6 15:59	Cryptocurrency
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Japan’s FSA has restrictions on leverage since there is no price law set for Bitcoin

Hyperinflation has made bitcoin popular in the African country because many of its residents do not trust their own fiat currency. In stock markets, investors cannot employ arbitrage because each stock has only one price at a given time.

2018-6-19 21:37
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Op Ed: I Think, Therefore I Bitcoin: The Case for Bitcoin

A key aspect of modern society is its trust in reliable government and monetary systems. Government and central banks have been the guardians of the financial system.

2018-6-14 19:35	Op-ed
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Cryptomining Applications Suspended in Quebec

Canada’s Quebec province has announced that it will be suspending all approvals for new digital currency-mining projects so officials can consider deeper restrictions and potential energy price hikes.

2018-6-11 03:08	Mining

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Op Ed: Venmo Offers the Ultimate Cryptocurrency Experience

Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo.

2018-6-11 16:51	Adoption & community

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Argentinians Buy Bitcoin to Combat Inflation, Pass Friendly Legislation

Argentina’s plummeting economy has seen citizens turn to Bitcoin as a store of value. The legislature passes friendly laws as the pro-Bitcoin president has his hands full with the crisis.

Argentina’s Pro-Bitcoin Javier Milei Heads to Run-Off Election Against Sergio Massa

Javier Millei lost to Sergio Massa who took around 37% of the vote.

Worldcoin opens up WLD reservations for unverified users

Worldcoin project has remained controversial right from its announcement and is currently facing regulatory trouble in multiple jurisdictions where it has launched.

Latin American Crypto Company Ripio Launches U.S. Dollar-Pegged Stablecoin

The cryptocurrency is hosted on LaChain, a recently started blockchain focused on the region.

Latam crypto holders flock to Bitget following Binance, Coinbase suits

Bitget users in Latin America increased 43% from June 6 to 9, alongside a 134% increase in deposits.

Reviving Argentina's Economy: Dollarization And Bitcoin As Catalysts For Change

Many experts have suggested dollarization as a way to save Argentina’s flailing economy, but it needs Bitcoin too.

Latin American Travel Agency Despegar Begins Accepting Crypto Payments

Teaming with Binance Pay, the travel company will initially accept crypto in Argentina, with plans to roll this option out to additional countries.

2019-10-29 14:18

currency restrictions → Результатов: 25

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