Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio

Blockchain.com Acquires Latin American Crypto Investment Platform SesocioOn November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s Global Headcount Grows to 400 After Acquiring the Crypto Investment Platform Sesocio At the end of March, Blockchain.com raised […]

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Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live

Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense LiveAs cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province. Investigations Initiated After Two Complaints Filed With the Authorities According to Valle Calchaquí, the operation happened […]

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Customers From Latin American E-Commerce Giant Mercado Libre Can Buy Real Estate With Bitcoin

Customers From Latin American E-Commerce Store Mercado Libre Can Buy Properties With BitcoinThe biggest e-commerce store in Latin America is the latest major company in the region to join the crypto adoption movement. Mercado Libre is now allowing its customers to buy a selected number of properties from real estate agencies with bitcoin. Properties Listed Don’t Offer Alternative Payment Methods Aside From Bitcoin According to the announcement, […]

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Argentinean Prosecutor Investigates an Alleged Bitcoin Scam Ganancias Deportivas

Argentinean Prosecutor Launches Investigation on Alleged Bitcoin Scam Ganancias DeportivasIn Mendoza, Argentina, law enforcement launched an investigation against a sports-related investment site for presumably being a bitcoin scam. Among the inquiries, authorities are investigating if they’re involved in money laundering and tax evasion. Platform Claims to Invest Customer’s Funds in Placing Soccer Bets According to Clarin, Javier Giaroli, the prosecutor from the Public Ministry […]

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Cordoba Becomes the First Argentinean Province to Impose Taxes on Crypto-Related Activities

Cordoba Becomes the First Argentinean Province to Impose Taxes on Crypto-Related ActivitiesIn Argentina, a provincial legislature has voted in favor of a bill to impose new taxes on gross incomes from crypto transactions. Cordoba’s central province is now the first one to impose crypto taxes in the country, which involves crypto exchange platforms and retail traders. Approved Tax Bill Grants a Definition of Cryptocurrencies According to […]

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Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes

Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New TaxesArgentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2.5 million). At the same time, the country still faces a 35% inflation. Argentinean Senate Approves New Taxes, While Bitcoin Keeps Skyrocketing Against the Argentine […]

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Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption

Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin AdoptionThe Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest plunge is seen as a […]

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73% of Argentines Say Cryptocurrency Best for Saving in Economic Crisis: Survey

73% of Argentines Say Cryptocurrency Best for Saving in Economic Crisis: SurveyA survey of Argentina’s citizens shows that 73% believe cryptocurrency is the most effective saving method in the current economic crisis, such as to hedge against high inflation. Strong Crypto Sentiment in Argentina Global peer-to-peer (P2P) bitcoin marketplace Paxful released the results of a cryptocurrency survey in Argentina on Friday. “Argentina’s sentiment on cryptocurrency remains […]

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