Argentine Tax Authority AFIP Detects Irregularities in 184 Digital Wallet Tax Statements

March 21, 2023 Bitcoin.com

AFIP

The Argentine tax authority (AFIP) is increasing its scrutiny when it comes to digital wallets. The institution recently revealed it found irregularities in at least 184 tax statements that include digital wallets and cryptocurrencies. These taxpayers did not include their wallet holdings as part of their 2021 tax statements, leaving close to $7.6 million in […]

<div>Voyager's B sale to Binance.US put on hold by US court</div>

Voyager’s $1B sale to Binance.US put on hold by US court

Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s

March 17, 2023 Bitcoin.com

Alberto Fernandez

The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an increase of 6.6%, a consequence of the rises in prices of food and beverages principally. The number is among the highest in the history of Argentina, reaching more than 100% growth year-on-year (YoY), something that […]

Voyager’s $1B sale to Binance.US put on hold by US court

Study Shows QR and Digital Payments Continue Gaining Ground in Argentina

March 14, 2023 Bitcoin.com

Argentina

A recent study made by Fiserv, a global payments company, shows that QR and digital wallets have grown significantly as payment options in Argentina. While credit card preference has stagnated, the use of cash for payments has decreased, with only 14% of the polled choosing to use it over other options in the country. Argentina […]

Voyager’s $1B sale to Binance.US put on hold by US court

Binance Launches Prepaid Card in Colombia

March 13, 2023 Bitcoin.com

Argentina

Binance, the cryptocurrency exchange, has launched a prepaid cryptocurrency card in Colombia, expanding its reach in Latam. The card, which will allow customers with their identity verified to make payments with crypto, establishes the country as one of the leading markets for the exchange in Latam behind Brazil and Argentina. Binance Announces Crypto Prepaid Card […]

Voyager’s $1B sale to Binance.US put on hold by US court

Like Venezuela, Some Retailers in Argentina Are Now Pricing Items in Dollars

March 8, 2023 Bitcoin.com

Alberto Fernandez

Some retailers in Argentina are already pricing imported items in U.S. dollars, according to reports from local news outlets. The idea behind this would be to keep prices stable and avoid repricing articles each day, a practice that has already been adopted in other Latam countries like Venezuela, which present high levels of inflation. U.S […]

Voyager’s $1B sale to Binance.US put on hold by US court

Latam Countries Prepare Regional Agreement to Counter Rampant Inflation

March 4, 2023 Bitcoin.com

anti dollar

A group of countries in Latam is preparing a regional agreement to address inflation, a problem common to most nations in the region. The initiative, which is being spearheaded by Mexican president Andres Lopez Obrador, would allow the exchange of products with high prices between the states to lessen the effects of price rises. Latam […]

Voyager’s $1B sale to Binance.US put on hold by US court

Spanish Tax Agency Puts Crypto in Its Sights for the Upcoming Tax Season

March 3, 2023 Bitcoin.com

Argentina

The Spanish tax agency has included crypto as part of its new guidelines for this year’s upcoming tax collection season. Apart from boosting the channels for voluntary tax applications, the agency will potentiate the investigation of cryptocurrency in digital payments, including potentially seizing cryptocurrency associated with tax debts and criminal activity. Spanish Tax Agency to […]

Voyager’s $1B sale to Binance.US put on hold by US court

Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation

February 10, 2023 Bitcoin.com

Argentina

Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of proof-of-solvency requirements for exchanges and custody institutions in Argentina, in the wake of the demise of leading cryptocurrency exchange FTX. Cryptocurrency Exchanges […]

Voyager’s $1B sale to Binance.US put on hold by US court

Nouriel ‘Dr. Doom’ Roubini Warns About Demise of US Dollar

February 8, 2023 Bitcoin.com

Argentina

Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new technologies like central bank digital currencies (CBDCs) and corporate payment rails contribute to a new landscape. […]

Voyager’s $1B sale to Binance.US put on hold by US court

Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising

February 7, 2023 Bitcoin.com

2000 peso bill

The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being criticized as an insufficient measure. […]

Argentina

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