2019-9-3 12:13 |
Argentina inadvertently promotes Bitcoin with strict capital controls on Forex
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Is Bitcoin’s hype in Argentina real? Discover why its adoption lags and what hurdles stand in its way despite global enthusiasm. In Argentina, economic woes have reached critical levels, marked by an annual inflation rate soaring at a staggering 276%…
2024-3-28 18:57 | |
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As Argentina’s inflation climbs, Bitcoin gains popularity over fiat currencies, driving increased crypto purchases and scam activity. In Argentina, where inflation has surged to staggering levels, Bitcoin is emerging as a preferred hedge against economic instability, Bloomberg reports, citing data…
2024-3-21 14:11 | |
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Argentina's new President, Javier Milei, has announced a 50% devaluation of the Argentine peso in response to an economic crisis, causing Bitcoin prices in the country to reach an all-time high. The post Argentina Devalues Currency as Local Bitcoin Price Hits ATH appeared first on BeInCrypto.
2023-12-13 08:41 | |
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Facing inflation, rising interest rates and reliance on the U.S. dollar, Argentina could solve many of its problems with Bitcoin adoption.
2023-5-8 15:00 | |
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Argentina's largest futures market is seeking the blessing of the local securities regulator in order to get into Bitcoin
2021-11-1 19:02 | |
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While the media is following the rise of Bitcoin in El Salvador, another Latin American country may soon be active - Both in terms of Bitcoin adoption and Bitcoin mining. This week, Argentina reporThe post Argentina: First Bitcoin-indexed ETF makes debut this week appeared first on AMBCrypto.
2021-10-26 11:30 | |
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Low energy costs, high inflation and restrictive capital controls have pushed residents of Argentina to mine bitcoin in their homes.
2021-6-1 19:28 | |
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The government of Argentina has imposed capital controls on its citizens in a response to growing financial issues for the country. The South American country has limited dollar purchases to only $10k per month after $3 billion was drained out of their foreign currency reserves on Thursday and Friday alone.
2019-9-2 00:07 | |
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Argentina ends the year on a Bitcoin high, as Athena Bitcoin Argentina rolls out seven Bitcoin ATMs (BATMs) with more to come. This now makes it the country with the fourth highest number of BATMs in Latin America.
2018-12-23 14:00 | |
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During October 2018, Bitcoin trading volumes on the peer-to-peer (P2P) platform LocalBitcoins reached peak levels in Argentina, Venezuela, and Egypt. Elsewhere, places like Croatia and Switzerland are at their lowest levels since the start of 2018.
2018-10-16 10:00 | |
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CryptoNinjas Today, CoinText. io, a service to transact Bitcoin Cash (BCH) using SMS messages, launched in Turkey and Argentina where cryptocurrency is growing in popularity due to increased volatility in their local currencies.
2018-10-15 16:02 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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According to cryptocurrency ATM providers Athena Bitcoin and the Odyssey Group, by the end of 2018, Argentina could have up to 30 Bitcoin ATMs. Reuters published an article on October 4, 2018, mentioning that these cryptocurrency ATM providers are keen to tap into the South American market and take advantage of the current Argentinian economic crisis and to expand their.
2018-10-8 04:00 | |
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30 Bitcoin ATMs are to be installed in Argentina by the end of this year as a means of struggling with rapidly growing inflation within the country. The post Amid Peso’s Soaring Inflation the Number of Bitcoin ATMs in Argentina to Hit 30 appeared first on CoinSpeaker.
2018-10-7 20:38 | |
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Two companies plan to install more Bitcoin ATMs for Argentina, amidst the country’s financial crisis. Bitcoin to the Rescue Argentina’s financial crisis will be eased, with the introduction of more BTC ATMs in the country.
2018-10-6 10:12 | |
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Argentina’s first Bitcoin ATM machine was installed last month and, according to a Reuters report, more could be coming. Athena Bitcoin, a company based in the United States, was the one to install the ATM.
2018-10-5 14:00 | |
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Argentina is being eyed as prime territory for expansion by Bitcoin ATM manufacturers, which appear to be preying on the country’s vulnerable fiat currency. The South American nation could get 30 new fully operational Bitcoin ATMs by the end of this year, with expectations this number will increase to over 1,600 by the end of 2019, reports Reuters.
2018-10-4 18:23 | |
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According to representatives from Athena Bitcoin and Odyssey Group, by the end of 2018 Argentina will be host to 30 Bitcoin ATMs. That number will jump to about 150 early next year, and to more than 1,500 by the end of 2019.
2018-10-4 15:00 | |
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Brendan Eich, the CEO of Brave, has written a letter to the U. S. Senate Committee on Commerce, Science and Transportation urging them to implement GDPR-like legislation in the United States.
2018-10-4 20:51 | |
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The economic crisis in Argentina is driving investors to buy Bitcoin in order to protect their wealth, pushing the cryptocurrency’s price higher in-turn. In parallel, to satisfy the increasing demand, the first of 12 Bitcoin ATMs has already begun to operate in a Buenos Aires mall.
2018-9-23 05:00 | |
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According to Coindance, peer-to-peer (P2P) trading activity has significantly rebounded during recent weeks, following the record low in volume posted for the week of the 1st of September. The increased trading activity appears to have mostly occurred in the Latin American and emerging BTC markets, with record volume posted by the Peruvian, Argentinian, and Philippine Localbitcoins […] The post P2P Markets Report: Record Volume in Peru, Argentina, Philippines appeared first on Bitcoin News.
2018-9-19 18:55 | |
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Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin .
2018-9-13 19:00 | |
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A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits.
2018-9-10 11:00 | |
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A proposal to place a sliver of Argentina's central bank reserves in bitcoin is worth taking seriously, given the country's current dire straits.
2018-9-11 11:00 | |
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Many investors hoped Bitcoin’s price would rally as pressure increases on emerging market currencies like the Turkish Lira. Instead, Bitcoin is following the downward trend of these currencies. Economist Panos Mourdoukoutas, writing for Forbes, describes the prospect of Bitcoin replacing national currencies as a myth.
2018-9-9 10:00 | |
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As Fiat Currency Reaches Worldwide Crisis, It Might Be The Time For Bitcoin To Prosper We all think that fiat is stable until it's not. We don’t even need to go that far in history. Zimbabwe, Venezuela, Iran, Turkey, and Argentina are all proofs that nationalized currency is only as strong as the government's decisions. […]
2018-8-24 21:51 | |
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Trading Activity Surges in Multiple Peer-to-Peer BTC Markets This Week, Including Argentina and Venezuela During this week alone, as cryptocurrencies heal from the destruction upon thousands of coins, the peer-to-peer BTC market in multiple countries seems to be unaffected.
2018-8-18 00:49 | |
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The peer-to-peer BTC markets of numerous emerging markets have witnessed significant action this past week, with the Localbitcoins markets of Venezuela, Argentina, and the Philippines posting record weekly fiat trade volume.
2018-8-17 19:30 | |
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ConsenSys, the Ethereum production studio based in the U. S. , launched ConsenSys Ventures last year selecting Kavita Gupta to run two funds of $50 million and $100 million.
2018-8-6 17:40 | |
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Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability.
2018-7-24 21:40 | |
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Argentina’s Central Bank’s Interesting In “Mastering Bitcoin” Growing As Peso Is Depreciated By Rising Inflation Argentina is currently facing a big economic crisis as the country’s national fiat currency, the Peso, has hit a record low price against the USD and the inflation in the country is rising a lot recently. Not only people, but […]
2018-7-21 23:52 | |
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Latin American peer-to-peer (P2P) markets have seen an influx of volume in recent weeks, with the Localbitcoins markets of Argentina, Brazil, and Venezuela posting significant spikes in volume. In other news pertaining to international P2P markets, the Hungarian Localbitcoins markets produced near-record volume in recent weeks, whilst Canada’s recent surge in volume appears to have […] The post P2P Markets Report: Latin American and Hungarian Volume Surges appeared first on Bitcoin News.
2018-7-17 04:55 | |
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When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
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Американская криптобиржа Gemini, в партнерстве с ирландским художником Мэттом Гриффином, запустила творческую кампанию Go Where Dollars Won’t, для сравнения безграничного потенциала криптоактивов с ограничениями традиционных валют.
Сингапурская криптовалютная биржа Crypto.com заключила соглашение с международным банком Standard Chartered для оказания фиатных услуг клиентам из ОАЭ.
Аналитики Банка международных расчетов (BIS) по результатам очередного исследования сообщили, что стейблкоины слишком часто теряют привязку к фиатным валютам и не могут использоваться для сохранения богатства.
Согласно отчету Центрального банка Испании, 65% местных жителей не готовы использовать цифровой евро, поскольку их полностью устраивают доступные способы совершения платежей.
Дэвид Маркус, сооснователь PayPal и гендиректор Lightspark — компании для интеграции платежей в BTC с использованием сети Lightning Network — не верит, что биткоин станет популярным способом оплаты покупок.
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices.
Argentina's Casa de la Moneda struggles to keep up with the central bank's demand for new banknotes, prompting it to import 1,160 pallets of 1,000-peso denomination banknotes from Paris and Malta.