Argentina’s Central Bank Sets To Block Crypto Offerings From Banks
Four days after two of Argentina’s largest banks opened their doors to cryptocurrency trading, the central bank intervened to block the offerings. Argentina’s central bank (BCRA) has placed a moratorium on financial institutions offering cryptocurrency trading, just days after two of the country’s largest banks signaled an interest in digital assets. The BCRA stated on […]
Argentina’s largest private banks now allow crypto trading
Banco Galicia and Brubank, Argentina’s largest and second-largest private banks, have announced that customers would be able to trade four crypto assets including Bitcoin through their accounts at the bank. On May 2, Bloomberg reported that a resounding 60% of respondents in an Argentinian poll pushed for broader access to cryptocurrency, prompting banks to begin […]
Serodino, Argentinian town considers investing in crypto mining to fight inflation
Serodino, in Argentina’s Santa Fe Province, is looking to start mining cryptocurrencies in order to raise funds for rail infrastructure upgrades according to the mayor Juan Pio Drovetta. According to local media reports from April 10, the 6000-person town has already purchased six graphics cards and will be purchasing a mining setup soon. The plan […]
Argentina to consider a proposal to regulate bitcoin futures in Latin America
Matba Rofex, Argentina’s largest futures market, has filed a petition with the National Securities Commission to introduce regulated Bitcoin futures and options in pesos (CNV). Matba Rofex is Argentina ‘s most important futures and options market. They presently feature a BTC MtR index calculated every minute in Argentinian Pesos (ARS). They’ve also shown an interest […]
Several businesses in Argentina accept Bitcoin, DOGE, and other cryptocurrencies as payment
Imagine being able to pay your Uber driver and Airbnb host with cryptocurrency while on vacation. This may seem like science fiction to some, but it appears to be a reality for users in Argentina. Regional news outlets reported that the cryptocurrency startup Bitrefill was giving 138 prepaid cards to pay for various services. Frávega, […]