Argentina | Crypto Profit Bot

The more you know about Bitcoin, the more optimistic you are: Block survey

June 1, 2022

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Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report, which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto. 2180 Total views 32 Total shares A survey from digital payment company Block Inc. has found that the higher respondents rated their own level of cryptocurrency knowledge, […]

Argentines turn to Bitcoin amid inflation worries: Report

May 30, 2022

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In response to surging inflation, Argentina has become an increasingly crypto-friendly country in terms of adoption. 4923 Total views 50 Total shares Since 2016, Argentina has been engaged in a war against inflation. Caused by multiple factors, like a lack of trust in the central bank or government overspending, the depreciation of the Argentinean peso […]

Argentina’s central bank steps in to block new crypto offerings from banks

May 6, 2022

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Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading, but now the central bank has stepped in to block the offerings. 1472 Total views 31 Total shares The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of […]

Blockchain.com acquires SeSocio to cement presence in Latin America

December 1, 2021

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100 SeSocio’s employees will join Blockchain.com, immediately bringing its global headcount to 400 people. 642 Total views 17 Total shares Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina. One of the biggest investment platforms in Latin America, SeSocio will now merge […]

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

August 13, 2021

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Argentina President Alberto Fernandez has indicated support for digital assets, asserting there is no reason to push back against the emerging asset class. During an interview with local media outlet, Caja Negra, on August 12, Fernandez responded to a question about whether he would consider exploring a central bank digital currency (CBDC), or even recognize […]

Bitso reportedly becomes Latin America’s first billion-dollar crypto exchange

May 5, 2021

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The startup has a total value of $2.2 billion following its latest Series C investment round. Mexican cryptocurrency exchange Bitso has concluded a $250 million Series C capital raise, putting it in the upper echelons of Latin America’s fintech industry. The latest investment round gives Bitso a total value of $2.2 billion, making it the […]

A year into the pandemic: How Argentina’s economy struggled while its crypto ecosystem flourished

March 21, 2021

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The year 2020 will go down in history as the beginning of the COVID-19 pandemic and the way it affected the Argentine economy. But it is also true that Argentina has been dragging along economic problems for decades, with high fiscal pressure, devaluation of the national currency (the Argentine peso), restrictions on the purchase of […]

Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce

January 28, 2021

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Farm assets like soybeans will be tokenized on a platform from CoreLedger for trading against other assets like cattle or fiat currency. Jan 28, 2021 at 1:06 p.m. UTCUpdated Jan 28, 2021 at 3:53 p.m. UTC Hard-Hit Argentinian Farmers May Get Boost From Trading Platform for Tokenized Produce Farmers struggling amid Argentina’s hyperinflation and the […]

Tokenized agriculture could provide economic relief to Argentine farmers

January 27, 2021

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Blockchain proponents claim that agricultural asset-backed tokens would make it easier for farmers in Argentina to attract investment and access liquidity amid a nationwide economic crisis. 4189 Total views 16 Total shares Argentina’s brittle economy — stricken by endemic problems that have only worsened amid the COVID-19 pandemic — has sparked rising unrest in the country’s […]

Crypto Is Booming in Economically Challenged Argentina

December 14, 2020

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Dec 14, 2020 at 2:00 p.m. UTCUpdated Dec 14, 2020 at 2:13 p.m. UTC Crypto Is Booming in Economically Challenged Argentina At the start of 2020, Ripio, one of Argentina’s largest crypto exchanges, had around 400,000 users. It’s finishing the year with 1 million. Ripio’s chief brand officer, Juan Mendez, told CoinDesk that around 70% […]

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Category: Argentina