Argentina

Argentina partners with Solana to launch “Forma” in August, aiming to boost cryptocurrency adoption. “Forma” seeks to establish a Solana Economic Zone in Argentina, promoting technological and economic progress. Argentina is poised to initiate a groundbreaking project with the cryptocurrency platform Solana, signaling a significant advancement in the nation’s digital finance sector. The collaboration, named “Forma,” is set to launch in August and aims to establish a Solana Economic Zone within Argentina. ??????????? ????? We're developing the first ever Solana…

Argentina becomes attractive for Bitcoin mining due to lower energy costs and favorable tax conditions in Zapala. Joint venture between Brazilian and Argentine companies launches a sustainable mining project in Neuquén province in October. Recent increases in electricity tariffs in Paraguay have prompted Bitcoin miners and data centers to seek more cost-effective alternatives, with Argentina emerging as a new favorable location for their operations. This shift is driven by Argentina’s comparative advantages in energy and tax incentives, particularly in the…

Argentine authorities scrutinize Worldcoin for potential abusive clauses and discrepancies in provided information. Despite controversies, Worldcoin continues its expansion across Latin America, facing critiques on privacy and data security. Worldcoin, a project known for its unique approach of offering tokens in exchange for scanning users’ irises, has announced plans to make Argentina the regional hub for its Latin American operations. This expansion includes the opening of 50 new facilities across over 10 Argentine cities. Expansion and Local Impact The announcement,…

The post Crypto Regulations in Argentina 2024 appeared first on Coinpedia Fintech News Argentina, officially called the Argentine Republic, is a country in South America. It’s one of the biggest countries globally and the second largest in Latin America. In Argentina, Bitcoin isn’t recognized as official money because it’s not issued by the Central Bank. However, there are no rules against using it. Both mining Bitcoin and trading it are legal in Argentina. Bitcoin is treated as a commodity under…

Argentina is on the verge of becoming a crypto hub after sealing a strategic partnership with the Cardano Foundation to facilitate blockchain adoption.  This, coupled with technical moves confirms a bullish outlook above $1 with an analyst predicting $7.8 for ADA.  The Entre Ríos Province in Argentina makes a groundbreaking move towards the facilitation of blockchain adoption through a strategic partnership with the Cardano Foundation. This is confirmed in information reviewed by CNF disclosing that the strategic partnership was signed and…

Argentine and Salvadoran officials met to discuss Bitcoin regulation and adoption, aiming to leverage El Salvador's pioneering experience to develop a regulatory framework for Argentina's burgeoning cryptocurrency industry. Coming Together For BTC Adoption On May 23, officials from Argentina and El Salvador met to discuss Bitcoin adoption and regulatory issues. The meeting involved key figures from Argentina's National Securities Commission (CNV) and El Salvador's National Commission for Digital Assets (CNAD).  The delegation included CNV President Roberto Silva, CNV Vice President…

The National Securities Commission of Argentina (CNV) confirmed the country is considering cooperating with El Salvador on Bitcoin adoption. This follows an important meeting between Argentinian and Salvadoran regulators last week. Officials from Argentina’s CNV met with Juan Carlos Reyes, head of El Salvador’s National Digital Assets Commission (CNAD), to discuss El Salvador’s Bitcoin regulation strategies. Learning from El Salvador’s Experience High-ranking CNV officials, including President Roberto Silva and Vice President Patricia Boedo, visited El Salvador. The President highlighted Argentina’s…

The post Illegal Crypto Crackdown in Argentina; Binance, Lemon Support In Crackdown appeared first on Coinpedia Fintech News Two Chinese nationals and an Argentine citizen were detained on March 8 over a crypto investment scam in Argentina. A supermarket was used as a facade for an illegal crypto mining farm, seizing dozens of graphic cards. Fernando Barbatelli, the Argentine citizen used the identity of another citizen to offer a crypto investment opportunity. He convinced the Chilean national to be a…

In recent months, Sam Altman’s open-source protocol Worldcoin (WLD) has faced increasing legal challenges as Portugal and Spain cracked down on its biometric data collection practices. Argentina has joined the list, issuing an indictment against Worldcoin after detecting allegedly abusive clauses in user contracts.  Worldcoin Faces Legal Scrutiny In Buenos Aires Buenos Aires authorities have identified discrepancies between Worldcoin’s reported data handling practices and findings from provincial inspections, raising concerns about the storage and deletion of biometric data and potential…