With Trump being elected as the President of the US, his pro-crypto stance is acting as a major factor for several other countries to explore the industry. Vancouver has already passed a motion to explore the possibilities of becoming a Bitcoin-friendly city. On the other hand, El Salvador’s Bitcoin adoption
Bybit, a major player in the cryptocurrency arena, has officially set up operations in Argentina with its newly acquired Virtual Asset Service Provider (VASP) license. This move signifies Bybit’s compliance with Argentina’s anti-money laundering (AML) and counter-terrorism financing (CFT) regulations and highlights the nation’s forward-thinking stance on cryptocurrency regulation. In
Argentina beating Canada 2-0 in the Copa America semifinals has led the Canadian rapper Drake to lose his Bitcoin bet. The betting incident and Lionel Messi-led Argentina’s victory spiked the performance of this fan token in the crypto market. ARG, the national football team’s official fan token, has witnessed a
Coinciding with a meteoric rise in inflation, crypto popularity in Argentina has reached new heights. According to researchers from Forbes, Argentina has been dominating the Western hemisphere in crypto adoption with an annual inflation rate of 276%. According to a Forbes report from July 8, experts found that among Western
According to a recent study, Argentina has had its largest demand for Bitcoin (BTC) in 20 months, as Argentines try to hold on to their assets amidst the continued collapse of the Argentine peso, the national currency. Almost 35,000 Argentine clients bought Bitcoin in the week ending March 10, according
In Argentina, Bitcoin (BTC) has surged to an all-time high, reaching an unprecedented value of ARS 40,378,016 ($48,705.62), according to CoinGecko data. This surge comes amidst the country’s grappling with a severe economic crisis, witnessing the peso’s value plummeting by a staggering 99% against the U.S. dollar since the onset
Javier Milei, who supports bitcoin, defeated Sergio Massa to win Argentina’s presidential election on November 19. According to Bloomberg statistics, with over 99% of the ballots recorded, Milei had over 55% of the vote, giving him a roughly 3-million vote advantage. Massa, the nation’s minister of economics, contacted Milei to
Javier Milei has secured victory in Argentina’s presidential race, setting the stage for a potential economic transformation in the country. Known for his outspoken support of Bitcoin and sharp criticism of traditional central banking systems, Milei’s win has sparked optimism in the cryptocurrency market. Following the announcement, Bitcoin displayed an
In a shocking discovery that has sent shockwaves through Argentina, the missing crypto millionaire influencer, Fernando Perez Algaba, was found murdered and dismembered. Children who came across a red suitcase in Ingeniero Budge, stumbled upon the lifeless body parts of the 41-year-old last week. Police swiftly launched a comprehensive murder
The Central Bank of Argentina is cracking down on the cryptocurrency sector. The bank issued a statement yesterday saying that payment processors are no longer allowed to provide clients with access to cryptocurrencies like Bitcoin. The BCRA, Argentina’s Central Bank, cited the rationale as a desire to “mitigate risks.” Several
