First Seizure of Stablecoins Recorded in Argentina as Authorities Disrupt Money Laundering Operation

September 7, 2024 Bitcoin.com

Argentina

In what local media are calling the first operation of its kind, the Argentine judicial system ordered the seizure of nearly $28,600 in stablecoins from a criminal organization that used cryptocurrency to launder millions of dollars. The criminals obtained these funds from two main activities: phone smuggling and operating illegal online casinos. Argentine Justice Orders […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Libertarian Javier Milei: ‘Only Entrepreneurs Can Create Wealth’

September 6, 2024 Bitcoin.com

Argentina

The libertarian President of Argentina, Javier Milei, has shared his perspective on how wealth should be created efficiently and who should be responsible for its creation. During a visit to Mercado Libre’s offices on Thursday, Milei stated that while a president can create conditions that make investing attractive and profitable, the only ones who can […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Amid Criticism, Central Bank of Argentina Confirms Moving Gold Abroad

September 5, 2024 Bitcoin.com

Argentina

In a recent press release, the Central Bank of Argentina acknowledged sending part of its gold holdings abroad, stating that it had “recalibrated” the nation’s gold between its accounts. The institution faced criticism from some lawmakers who are concerned that this gold located abroad might be subject to confiscation due to an embargo order benefiting […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Argentine President Javier Milei to Star in His Own Docuseries on X

August 31, 2024 Bitcoin.com

Argentina

Argentine President Javier Milei recently announced that a series documenting his rise to power will premiere on X. The six-part limited series, titled “Milei – The Series,” will showcase the process Milei underwent to reach the Argentine presidency. It will feature never-before-seen insider content recorded by director Santiago Oria, who is also responsible for the […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Bitso Report Shows Argentines Leading Stablecoin Adoption in Latam

August 30, 2024 Bitcoin.com

Altcoins

A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurrency purchases in Argentina involved stablecoins during Q1 and Q2, as these are used as a hedge against inflation and devaluation. Bitso: […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Ethereum and Blockchain to Be Included in High School Curricula in Argentina

August 26, 2024 Bitcoin.com

Argentina

ETH Kipu Foundation, an organization focused on supporting and developing the Ethereum ecosystem in Latam, has partnered with the Ministry of Education of the City of Buenos Aires in Argentina to include Ethereum and blockchain as part of high school curricula. Additionally, these two institutions are working to develop an online Solidity course to train […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Truflation Unveils Real-Time Inflation Tracker for Argentina Amid Milei’s Economic Overhaul

August 20, 2024 Bitcoin.com

Argentina

Truflation has rolled out a fresh inflation tracker and calculator tailored for Argentina, bringing a dynamic source of real-time economic data to the table. This innovative tool empowers Argentinians to gauge how inflation is affecting their finances, offering a handy alternative to the official government-reported figures. The launch of this tracker coincides with a period […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Bybit receives VASP, card operator registration in Argentina

August 16, 2024 Coin Telegraph

anti-money laundering

Bybit’s registration as a virtual asset service provider was made possible by a law passed in July.

Cryptocurrency exchange Bybit has received registration as a virtual asset service provider (VASP) and card operator from Argentina’s Financial Information Unit (FIU).

In March, VASP registration was introduced in Argentina via legislation aimed at bringing the country into better conformity with the Anti-Money Laundering and Combatting the Financing of Terrorism requirements of the Financial Action Task Force (FATF). The FIU, which registered Bybit, is “in charge of analyzing, processing and transmitting financial intelligence information for the purposes of preventing money laundering and terrorist financing.”

Dubai-based Bybit, the second-largest crypto exchange by volume, began operating in Argentina in June 2022 to withdraw from their Bybit accounts to pay in fiat currency.

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Milei’s Government Creates ‘Minority Report’ AI Unit to Predict Crimes in Argentina

August 10, 2024 Bitcoin.com

The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and other technologies to supervise the internet and predict crimes before they happen in Argentina. The unit, created last week, has caught attention in social media due to its similarities with how police act in the […]

TRUMP, DOGE, BONK ETF approvals ‘more likely’ under new SEC leadership

Coinwire Report: Latam to More Than Double Its Crypto Trading Levels This Year

August 6, 2024 Bitcoin.com

Argentina

A recent report by Coinwire, a cryptocurrency research portal, predicts that cryptocurrency adoption levels in Latam will more than double in 2024. The report, which examined trading movements on trusted centralized exchanges according to Coingecko, forecasts that crypto trading volumes in the region will reach $7.82 trillion in 2024, with Brazil and Chile being the […]

Argentina

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