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Category: Argentine Peso
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Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
The 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 […]
The post Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption appeared first on Bitcoin News.
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$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks
Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June. Citizens who have previously “watched their currency […]
The post $1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks appeared first on Bitcoin News.
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Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat. Also Read: Big Banks Enabled […]
The post Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money appeared first on Bitcoin News.
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PR: TRCE – Crypto Exchange Set To Launch In Q4 2019
The Real Cryptocurrency Exchange (TRCE) is a Seychelles Cryptocurrency company headquartered in Buenos Aires, Argentina (2019) with plans to open offices in Spain (2020) and Singapore (2021). The mission at TRCE is to reduce the access gap in the Cryptocurrency Market worldwide, primarily focusing on emerging markets.
The post PR: TRCE – Crypto Exchange Set To Launch In Q4 2019 appeared first on Bitcoin News.
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Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC are seeing all-time price highs. The surge in value is not just taking […]
The post Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos appeared first on Bitcoin News.
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