#crypto argentina

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Latam Insights: Argentina Announces National Digital Currency While Peso Sinks, Volcano Energy Launches Lava Pool

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine government announces a national digital currency project, Volcano Energy launches Lava Pool, the first Salvadoran Bitcoin mining pool, and a resolution that allows investment funds to invest in cryptocurrency comes into effect in Brazil. Argentine…

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Argentine Peso Reaches Record Lows After National Digital Currency Push

The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843 pesos per greenback. Massa stated he would send an Argentine digital currency proposal to Congress. Argentine Peso Reaches Record Lows Amidst the…

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Argentine Economy Minister Sergio Massa Proposes National Digital Currency

Sergio Massa, Argentine economy minister and presidential candidate, has announced that, if elected, his new government plan would include launching a national digital currency that local media has called the “crypto peso.” Massa also stated that this plan would involve a tax reduction for transactions that use this new currency. Argentine Presidential Candidate Sergio Massa Announces National…

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Latam Insights: Brazil Launches Nationwide Blockchain ID Program, Venezuelan Crypto Watchdog Extends Restructuring Period

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil launches a blockchain-based ID card, the Venezuelan cryptocurrency watchdog Sunacrip extends its restructuring period, and Buenos Aires launches a “self-sovereign” blockchain ID program. Brazil Launches Nationwide Blockchain-Based ID The government of…

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Buenos Aires to Bring Blockchain-Based Digital ID to Millions of Citizens

The city of Buenos Aires has announced that it will roll out a blockchain-based, privacy-focused digital ID wallet starting in October. The Quarkid project, previously known as Tangoid, will allow its users to download a “self-sovereign” wallet to hold their birth and marriage certificates, with more digital documents to be added later this year. Buenos Aires to Roll Out Blockchain-Based ID…

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Latam Insights: Crypto Adoption Booms in Latam Nations, Milei Bashes Socialism

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil, Argentina, and Mexico are present in Chainalysis’ 2023 Global Crypto Adoption Index; Argentine presidential candidate Javier Milei blames socialism for Argentina’s economic decline, and Bull Bitcoin expands to Costa Rica. Brazil, Argentina, and Mexico…

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Mastercard and Binance Announce Crypto Rewards Card for Argentina

Mastercard and Binance Announce Crypto Rewards Card for Argentina

Card payment giant Mastercard and Binance, the world’s largest crypto exchange, have launched a prepaid crypto rewards card in Argentina. The card is currently in the beta phase and will be available in the next few weeks. Users can make purchases and pay bills using the card with their national ID in crypto, including Bitcoin and Binance Coin, both online and in-store at “over 90 million…

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