Argentinian – DIGIT INFO

Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs

DIGIT — Mon, 05 Sep 2022 09:30:26 +0000

Action Point, an Argentine startup, has developed a white-label solution that allows banks to offer cryptocurrency services through their already existent ATM infrastructures. The company provides this service in partnership with Lirium AG, a crypto-as-a-service organization, and has already implemented the solution in over a dozen ATMs in the country. Argentine Startup Action Point Takes […]

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Argentinian Cryptocurrency Exchange Buenbit Announces Staff Layoffs

DIGIT — Wed, 25 May 2022 09:30:50 +0000

Buenbit, an Argentinian cryptocurrency exchange, has announced a series of layoffs due to the downturn that traditional and crypto markets are currently facing. Buenbit’s co-founder and CEO, Federico Ogue, clarified that this move had nothing to do with the recent Terra ecosystem disaster and that from now on, the exchange would focus on keeping operations […]

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Argentinian Government Advances the Creation of a National CBDC

DIGIT — Fri, 29 Apr 2022 23:45:31 +0000

The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC). A new decree identified the number 207/2022 gives new faculties to the Argentinian mint to involve in the investigation, development, and issuance of digital currencies. This puts Argentina on the trail of countries like Brazil and […]

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Argentinian Tax Agency Amps Up Scrutiny for Crypto Traders and Holders With New Requirements

DIGIT — Wed, 30 Mar 2022 10:30:45 +0000

The Argentinian Tax Agency (AFIP) is watching the movements of cryptocurrency traders and holders, to tighten its control over their transactions. The institution is now sending emails to Argentinian citizens asking for a series of data regarding supposed cryptocurrency operations made in their names. The agency requires the public keys of the citizen and a […]

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Argentinian Regulator to Propose Anti-Money Laundering Measures for Crypto Firms

DIGIT — Fri, 18 Mar 2022 13:30:04 +0000

The Argentinian anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements and take AML measures on Argentinian soil. The regulation for this purpose might be ready for approval this year, according to local media. This could be the consequence of the recent requirement approved in the deal the country made […]

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Binance Becomes Main Sponsor of Argentinian Soccer Association

DIGIT — Wed, 26 Jan 2022 06:30:13 +0000

Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one of the biggest soccer federations in the world, to become its main sponsor. With this deal, Binance will become the main sponsor of all the Argentinian national soccer teams for the next five years and will issue a new fan […]

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Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money

DIGIT — Thu, 05 Sep 2019 21:00:27 +0000

The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing people from voting with their wallets and trying to secure their savings on safer […]

The post Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money appeared first on Bitcoin News.

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Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money

DIGIT — Wed, 14 Aug 2019 22:00:36 +0000

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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