Argentina

Auto Added by WPeMatico

Argentina and US Treasury Ink $20 Billion Swap Line as Trump Warns the Latam Country Is ‘Dying’

by

The central bank says the agreement would contribute to Argentina’s macroeconomic stability, preserving “price stability and promoting sustainable economic growth.” Nonetheless, the deal’s fine print and the U.S. Treasury’s terms have remained under wraps. Argentina Signs $20B Exchange Rate Stabilization Agreement Before Elections The Facts: The Central Bank of Argentina (BCRA) finally inked a $20 … Read more

US Treasury Intervenes in Argentine Currency Market as Trump Ties Support to Milei’s Electoral Success

by

U.S. Treasury Secretary Scott Bessent recently announced a new intervention in the Argentine currency market, saying the Treasury is monitoring markets to help stabilize Argentina. Previously, Trump conditioned such support on Milei’s party winning the upcoming midterm elections. U.S. Treasury Buys Argentine Pesos Again, Trump Conditions Support on Milei’s Victory The Facts: The U.S. Treasury … Read more

Historic: US Treasury Intervenes in Argentine Currency Markets: Peso Is ‘Undervalued’

by

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

Crypto Investments Get Red Hot in Argentina: Lemon Raises $20M to Bankroll Latam Expansion

by

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 Set to Hit Crypto Natives With New Tax Measures

by

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

Libra Probe Stalls in Argentine Congress: What’s Happening?

by

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

Panic Averted: US Treasury Offers $20B Lifeline to Argentina

by

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 Signals Support for Loan to ‘Make Argentina Great Again’

by

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

Markets Panic: Argentina’s Milei Mulls Dollarization as the Peso Gets Obliterated

by

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

Report: Argentina Surges Past Brazil as Crypto Adoption Haven in Latin America

by

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