Bookmarking Crypto Insights
Auto Added by WPeMatico
U.S. Treasury Secretary Scott Bessent revealed that the institution had directly purchased pesos to stabilize the national exchange market in Argentina and support the policies of President Javier Milei. He framed the intervention as an investment, stating that the Argentine peso was undervalued. U.S. Treasury Purchases Argentine Pesos to Support Exchange Market Stability The U.S. … Read more
Lemon, a leading Argentina-based cryptocurrency exchange, has raised $20 million in its Series B funding round as the country attracts the interest of international capital. Marcelo Cavazzoli, founder and CEO of Lemon, declared that his next goal was to start operations in all of Latam. Argentina-Based Crypto Exchange Lemon Raises $20 Million in Series B … Read more
Buenos Aires is introducing a new taxation framework that will hit freelancers and stores receiving crypto with a 6% gross income tax when sold. Analysts state that, while the tax brings more clarity, it also goes against adoption. Buenos Aires Clarifies Crypto Taxation, but Analysts Still Complain The city of Buenos Aires is clarifying the … Read more
The commission in charge of investigating the Libra incident failed to get hold of the testimonies of several government officials. Karina Milei, the sister of President Milei and General Secretary of the Presidency, has been summoned to testify before the commission but has failed to appear twice. Libra Probe Faces Headwinds: Argentine Officials Fail to … Read more
Argentina is set to receive a $20 billion credit‑swap line from the U.S., currently being negotiated. U.S. Treasury Secretary Scott Bessent also hinted at the possibility of injecting additional funds to stabilize the economy and even purchasing Argentine deb. Argentina Breathes in Relief: U.S. Offers $20 Billion Swap, Hints at Debt Purchases The market crisis … Read more
US Treasury Secretary Scott Bessent vowed to help Argentina obtain fresh funds to alleviate the country’s economic crisis. He underscored Argentina’s relevance as a “systemically important U.S. ally in Latin America,” opening several paths to support President Milei’s policies. U.S. Open to Stabilize Argentina’s FX Market, Labels Nation as ‘Systemically Important’ The Trump Administration has … Read more
President Javier Milei has again raised the prospect of dollarizing Argentina — a key plank of his political campaign. Milei, who touts dollarization as a solution to inflation, said it could be implemented only if the Argentine people vote for it. President Javier Milei Consider Dollarization as Argentine Peso Sinks After seemingly having controlled the … Read more
Sherlock Communications, a Latam‑focused firm, said Argentina has consolidated itself as a leader in crypto regulation and adoption in the region over Brazil. While Brazil has a larger crypto market, the firm says Argentina is one of the Latam’s most active crypto‑receiving nations. Sherlock Communications’ Latam Report Highlights Crypto Adoption Advancements in Argentina Latin America … Read more
The Argentine peso stumbled after President Javier Milei suffered an electoral defeat in Buenos Aires, where his Libertarian Party failed to secure a majority against its rivals. The outcome has raised concerns about the sustainability of Milei’s agenda in the country. Milei Defeated: Argentine Peso Plummets as Fears About the Permanence of Libertarian Proposal Surge … Read more
The initiative, focused on incorporating President Milei’s policies into Argentina’s regulatory framework, establishes that state budgets cannot rely on money issuance to finance expenditures and proposes penalties for officials who breach these rules. President Milei Vows to Stop Money Issuance With New Bill Argentina is evolving to include a new, restrictive budgetary framework aimed at … Read more
