Bitcoin Hits Record High in Argentine Pesos Amid Economic Woes
Bitcoin (BTC) has reached an all-time high price in Argentine pesos, as the local currency suffers from high inflation and capital controls. The peso (ARS) has been dogged by inflation in recent years. This has intensified recently, with inflation now topping the 100% mark. BTC’s popularity, meanwhile, is on the rise in Argentina. Currently, 1 […]
Bitcoin Futures index receives approval in Argentina
The new Bitcoin Futures index in Argentina is expected to launch on the Matba Rofex exchange in May, it is also the first index approved in Latin America. The Argentine securities regulator has authorized the launch of a Bitcoin-based futures index on the Matba Rofex exchange. The Bitcoin futures contract will begin trading in May, […]
Binance launches direct fiat-to-crypto service in Argentina
According to an announcement from the cryptocurrency exchange Binance, residents of Argentina can now convert their local cash into crypto assets. The exchange’s offerings have recently been expanded in South America, a region that has shown to be particularly open to cryptocurrencies. According to the announcement made on April 4, customers in Argentina will be […]
Argentina proposes tax bill to enable citizens to reveal crypto holdings
With the promise of reduced tax rates as an incentive, a measure encouraging citizens to register their crypto holdings has been developed by the Ministry of Economy in Argentina. The “Externalization of Argentine Savings” draft legislation , which aims to fight money laundering, was presented by economics minister Sergio Massa, according to a Jan. 6 […]
Argentina Football League Scores Metaverse Partnership
Argentina’s football association has partnered with metaverse platform Upland following the national team’s World Cup victory in Qatar. Through a new metaverse relationship, Argentina’s World Cup victory in Qatar is already paying off for its national football association. Through a formal licensing agreement between the Silicon Valley-based company and the Argentine Football Association (AFA), the […]