Argentina adds Ethereum to Buenos Aires high school curriculum
High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students.
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High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students.
Bybits registration as a virtual asset service provider was made possible by a law passed in July.
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
Cryptocurrency exchange Bybit has rolled out itsMastercard debit card in Argentina, promising convenience and rewards with thenew offering. According to a statement by the company today (Tuesday), this service will integrate digital assets with everyday transactions and promotefinancial inclusivity.
Rapid Growth in Digital Assets
"The introduction of the Bybit Card to Argentinasignifies an important milestone for both Bybit and the local community.Argentina's rapid growth in digital assets has created a demand for innovativesolutions that enhance financial inclusivity and convenience," said JoanHan, the Sales and Marketing Director of Bybit.
"We are excited to bring the Bybit Card toArgentina, offering our users a unique opportunity to benefit from the growthof digital assets while enjoying the convenience of everyday spending."
Mostranos tu diseño para Bybit Card de Argentina Creá un diseño original para la Bybit Card de Argentina y compartilo con nosotros. Podés estar entre los 3 ganadores y ganarte 1,000 USD en bonos. Participa acá https://t.co/Y4aNPJVrlE#Bybit #TheCryptoArk pic.twitter.com/70BZW11YlR
Bybit Argentina (@BybitArgentina) July 8, 2024To mark this launch, Bybit is offering a 10,000 ARScard bonus to new users who apply for the Bybit Card. Additionally, users canreportedly receive up to 10% cashback on all their expenses. Existingcardholders can also benefit from an extra 10% cashback when they add theirBybit Card to major local payment platforms like Mercado Pago.
The Bybit Card is created to link digital finance andeveryday transactions. Established in 2018, Bybit is the world's second-largestcryptocurrency exchange by trading volume, serving over 33 million usersglobally.
Bybit Expands Offerings
Recently, Bybit announced that Bybit Card will introduce Apple Pay to its users to enable customers to avoid handing their payment card to someone else, touching physical buttons, or exchanging cash.
According to the exchange, customers can hold theiriPhone or Apple Watch near a payment terminal to make a contactless payment. Eachtransaction is secured by authenticating with Face ID, Touch ID, ordevice passcode, as well as a one-time security code. Apple Pay is accepted ingrocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores,and many more places.
Last month, Bybit surpassed Coinbase to become thesecond-largest cryptocurrency exchange in terms of volume, according to areport published by Kaiko. The report highlighted that Bybits market sharesurged from 8% in October 2023 to 16% in June 2024, the highest growth rateamong the top exchanges.
This article was written by Jared Kirui at www.financemagnates.com.
Argentina has emerged as the top market by numbers of visitors on Binance, one of the worlds largest crypto exchanges.
The trading volume of the Argentine Football Association Fan Token (ARG) has surged by over 500% in the past 24 hours.
Canadian rapper Drake lost another Bitcoin bet after Argentina beat Canada 2-0 in the Copa America semifinals. The Argentine Football Association (AFA) fan token soared over 40% following the victory. Bitcoin Bet Lost: Did The Drake Curse Do It Again? On Monday, Drake shared on Instagram that he had bet against the Argentina National Football [...]
The post Drake Loses Bitcoin Bet Following Canadas Copa America Exit, ARG Fan Token Soars 40% appeared first on Crypto Breaking News.
President Milei champions Bitcoin for Argentina's currency competition, signaling a shift towards broader crypto acceptance.
The post Bitcoin is part of Milei’s vision for free currency competition in Argentina appeared first on Crypto Briefing.
Worldcoin (WLD) significantly increases its investment in Argentina, expanding its services and digital identity solutions. (Read More)
Argentina partners with GDA to launch a gas flare-powered Bitcoin mining facility, using stranded gas to generate value and mitigate emissions.
Libertarian Argentina has enormous possibilities under his leadership, Milei tells Sam Altman.
Argentina is looking to El Salvador's experience with Bitcoin to explore ways to integrate the pioneer cryptocurrency into its financial system.
In a significant move, Argentinian regulators have initiated discussions with their counterparts in El Salvador regarding Bitcoin (BTC) adoption, confirmed by the National Securities Commission of Argentina (CNV) this past weekend. According to an official statement from the CNV and a report from Criptonoticias, senior Argentinian officials recently met with the head of El Salvadors […]
Argentina wants to learn from El Salvadors experience of Bitcoin adoption and other cryptocurrency activities.
The officials discussed the growing use of cryptocurrencies in global economies and exchanged concepts on El Salvadors Bitcoin adoption journey.
The Argentine government has dismantled the Investigative Task Force, a body created to investigate the Libra crypto scandal and possible links to President Milei. The task force was created 3 months ago, after the Libra scandal became public. Investigators are also looking into people associated with the president, such as his sister Karina. President Milei […]
Visa will launch a new product that allows consumers in Latin America to make payments with stablecoins.
The government in Argentina has mandated the registration of cryptocurrency exchanges and other companies in the sector by creating a registry of virtual asset service providers (VASP). The regulations came when the countrys President, Javier Milei, was seen as a proponent of cryptocurrencies but is now facing criticism.
New Registration Rules for Crypto Exchanges
Argentina moved forward with the new cryptocurrency regulations on March 14 as the countrys senate approved modifying laws around anti-money laundering (AML) and combatting the financing of terrorism (CFT).
Javier Milei makes his first major mistake, tweeted Max Kieser, a Bitcoin proponent and an advisor to El Salvadors President. Nayib Bukele. El Salvador became the first nation to adopt Bitcoin and officially give it legal tender status.
He never took the time to understand #Bitcoin; now hell suffer the consequences, Kieser continued, criticizing the decision of Argentinas President who came to power after winning the economically stressful countrys elections in November 2023.
Javier Milei makes his first major mistake. He never took the time to understand #Bitcoin, now hell suffer the consequences. https://t.co/P2arqfxrE2
Max Keiser (@maxkeiser) April 1, 2024A Bitcoin-Bull President
After winning the election, President Milei-led government officially legalized the use of Bitcoin and other cryptocurrencies for contract settlements and payments. However, the decree did not specifically mention cryptocurrencies; instead, it included provisions that grant individuals and businesses the freedom to choose their preferred mode of payment, even if it's not recognized as legal tender in Argentina.
Transacting Bitcoin in Argentina... pic.twitter.com/GwFH1dZgDT
Rebel Capitalist Pro (@RebelCapPro) April 3, 2024The South American countrys securities regulator, Comisión Nacional de Valores (CNV), clarified last week that the new rules would align Argentina with the Financial Action Task Forces recommendations around AML and CFT requirements. CNVs President, Roberto Silva, clarified that unregistered VASPs will not be able to operate in the country.
Argentina is struggling with hyperinflation and a weakened economy. According to the official figures, the countrys annual inflation soared 211.4 percent in 2023, the highest rate in 32 years from 95 percent a year before. The countrys currency was devalued by 50 percent.
This article was written by Arnab Shome at www.financemagnates.com.
Last month Argentina’s financial regulator, Comisión Nacional de Valores, introduced mandatory registration for all cryptocurrency exchanges and brokers operating in Argentina. As crypto service providers begin to get to grips with this new crypto registration rule, this article outlines the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Why is Argentina […]
The post Argentina’s financial regulator introduces mandatory registration for all cryptocurrency service providers appeared first on CoinJournal.
Destino Devconnect launches a local grant initiative to accelerate Ethereum adoption in Argentina, ahead of Devconnect ARG 2025 in Buenos Aires. (Read More)
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