#Argentina News

Crypto-Friendly Argentina Taps Blockchain Technology for Gas Distribution

March 20, 2020 by Ogwu Osaemezu Emmanuel at Blockchain

Enargas, Argentina’s gas regulator, has approved the nationwide deployment of Gasnet, a blockchain-based natural gas distribution system developed by IOV Labs, a Buenos Aires-based firm. The blockchain solution will automate the nation’s existing paper processes and monitor the processes of market participants in terms of quality and safety, reports Ledger...

President Nicolas Maduro Set to Create Youth Bank Funded by Petro Cryptocurrency

Venezuela Formally Confirms Sanction-Skirting Cryptocurrency Payment System

October 1, 2019 by Ashwath Balakrishnan at Altcoins

Venezuelan President, Nicholas Maduro, has confirmed rumors that the country is launching a cryptocurrency-based payment network for domestic and international payments. An even more exciting development from here is that the country is looking to accept Bitcoin and Ethereum from a state-owned petroleum company which they will hold as a...

Economic and Political Uncertainty Boost Bitcoin Price in Argentina and Hong Kong

August 15, 2019 by Edoardo Vecchio at Uncategorized

According to news published by Bloomberg on August 13, 2019, bitcoin continues to be traded at a premium due to economic uncertainty and political instability in Argentina and Hong Kong, confirming its value in turmoil environments. Fear is Soaring but Bitcoin is Working The global economy is experiencing a...

A powerful crypto standing in Argentina skyscrapers

Could Cryptocurrency Solve Argentina’s Economic Woes?

August 14, 2019 by Ashwath Balakrishnan at Bitcoin

The Argentine Peso depreciated almost 25 percent against the USD overnight, showcasing the incremental damage being done to an already ailing economy. Economists across the globe have differing views as to how Argentina can tackle this crisis. According to analyst Alex Kruger, Argentine residents flock to the USD in an...

Argentinian Officials Ink Deal with Blockchain Research Institute

April 4, 2019 by Liam J Kelly at Adoption, Blockchain, Development, Education

In an April 2, 2019, press release, the Blockchain Research Institute (BRI) revealed a new deal with the government of Argentina. By joining the think tank, Argentinian officials will have access to myriad crypto-related resources to continue developing the various blockchain projects in the country. The Building Blocks of Innovation...

Woman Dancing with a Binance Token and an Argentinian Flag

Binance Chief Reports Potential Fiat-to-Crypto Exchange in Argentina

March 11, 2019 by Tom Nyarunda at Adoption, Altcoins, Bitcoin, Blockchain, Business, Commentary, Exchange, News

Binance CEO Changpeng Zhao responded to a report regarding Binance Lab’s agreement with Argentina to co-invest in blockchain-based projects that his company supports. He hinted at the possibility of launching a fiat-to-crypto project in the crypto-friendly South American country. Fully Embracing Cryptocurrencies The CEO of the leading cryptocurrency exchange by...

Argentina Working with Binance Labs to Tackle Economic Crisis via Blockchain and Cryptos

March 8, 2019 by Ogwu Osaemezu Emmanuel at Adoption, Altcoins, Bitcoin, Blockchain, Business, Development, Exchange, News

Binance, a Malta-based cryptocurrency exchange, announced on March 6, 2019, that Binance Labs, the venture arm of the exchange, is building the cryptocurrency future of Argentina wtith the support of the government. At the Forefront of Blockchain Adoption Per the blog post, Argentina has the opportunity to be at the...

Argentina Public Transport System now Accepts Bitcoin

February 11, 2019 by Tokoni Uti at Adoption, Bitcoin, Business, Development, News

Argentina is pushing bitcoin adoption by announcing on February 8, 2019, that its SUBE cards for its public transport system now accept BTC for payments. Bitcoin Meets the Bus Cryptocurrency as a form of payment is gaining new ground, particularly in the area of transport. Just weeks after the largest...

BRI Sign with International Row of Flags Behind

WISeKey to Launch Interconnected Blockchain Centers in Buenos Aires and Geneva

January 22, 2019 by Aisshwarya Tiwari at Blockchain, Business, Development, News

According to a press release published on January 19, 2019, WISeKey International Holding Ltd. has entered into an agreement with Blockchain Research Institute (BRI) to establish interconnected “Blockchain Centers of Excellence” around the world. Geneva Annual Blockchain Congress Per the newly inked agreement, WISeKey International will launch two new blockchain...

Economic Crisis in Argentina Provides Opportunity for Bitcoin ATM Providers

October 8, 2018 by Cindy Huynh at Altcoins, Bitcoin, Finance, News, Platform, Tech

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...

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