Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report

Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t have dollars so it needs the emergency aid China is offering,” a trade economist in Buenos Aires explained. Chinese Yuan Usage Hits Record High in Argentina The Argentine customs agency

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Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation

Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual inflation that Argentina registered in March. Dollarization Surges [...]

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Proposed bill in Argentina encourages citizens to reveal crypto holdings

Argentines could soon be motivated with tax incentives to declare their crypto holdings as the government aims to tackle money laundering with a proposed new law.

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Argentine Soccer Fan Token (ARG) Shrinks to Half After FIFA World Cup Victory

In spite of history being made on the field, Argentina's national team crypto failed to keep up.

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Chiliz (CHZ) Slides Further, But One Soccer Fan Token Defies the Crypto Winter

As FIFA World Cup 2022 moves towards the trophy match, most soccer fan cryptos are soaking in red ink.

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Argentina Signs Automatic Tax Data Sharing Agreement With the United States

The government of Argentina has signed a data sharing agreement with the U.S. to enhance the cooperation of the countries in the tax arena. The agreement, which was signed by Sergio Massa, minister of economy of Argentina, and U.S. ambassador Marc Stanley, will allow the Argentine national tax authority to receive information from accounts and

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Argentine Banks Offer Cryptocurrency Purchase and Investment Options

Banco Galicia and Brubank, will allow its clients to make investments in Bitcoin and other cryptocurrencies.

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Cryptocurrencies Provide Opportunities for Argentina’s Working Class

Workers in Argentina have been receiving their salaries in cryptocurrency, which helps evade exchange controls and hyperinflation.

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Argentine Collector Gets the Green Light to Seize Digital Wallets of Defaulters

In this time the country needs to increase its collection to alleviate the severe financial crisis it is going through.

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Argentine President Milei Makes High-Profile Visit to US Following LIBRA Scandal

Argentinian economist Javier Milei recently shared his thoughts on the repercussions of the Libra scandal following the fallout of the Trump administration in the United States. Milei expressed concerns about the potential impact of the scandal on global financial markets and the future of digital currencies. Milei highlighted the need for transparency and accountability in [...]

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Argentine President Javier Milei refutes involvement in promoting unsuccessful LIBRA memecoin

Argentina’s President, Javier Milei, has refuted claims of promoting the Libra token. In a recent statement, Milei clarified that he is not associated with any promotions or endorsements related to the controversial cryptocurrency. The President’s denial comes after rumors surfaced that he was actively supporting Libra and encouraging its adoption in Argentina. However, Milei has [...]

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Argentine Lawyers Lodge Complaint with US Department of Justice and FBI over LIBRA Controversy

Argentinian legal representative files grievance against US DOJ and FBI over Libra investigations An Argentinian lawyer has raised concerns regarding the investigation conducted by the United States Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) into the Libra cryptocurrency project. The lawyer, Javier Milei, has filed a formal complaint against the US [...]

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Pantera Founder Under Tax Probe and Milei Accused of Fraud by Argentine Lawyers: A Legal Overview

Pantera Capital Co-Founder Faces Tax Investigation and Milei Fraud Charges: Decoding the Legal Situation Recently, Pantera Capital co-founder, Dan Morehead, found himself embroiled in a tax probe and facing fraud charges in relation to his involvement with Milei, a cryptocurrency project. This turn of events has left the crypto community in a state of shock [...]

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Argentine lawyers file fraud charges and launch class action against Milei for LIBRA scam

In a bold move, a group of attorneys in Argentina have filed charges of fraud against President Milei for his involvement in promoting cryptocurrency. The lawyers accuse Milei of misleading the public with false promises about the benefits of investing in digital assets. This legal action comes amidst a surge in cryptocurrency interest in Argentina, [...]

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Regulatory Whirlwind: Binance Parts Ways With Argentine Soccer Association

Surprisingly, Binance, one of the world’s largest cryptocurrency exchanges, has terminated its five-year partnership with the Argentine soccer association (AFA) just one year into the deal. The move comes as the company faces mounting regulatory challenges and seeks to reevaluate its operations. The announce­ment of the partnership te­rmination came through a statement in Spanish on Twitte­r. Binance […]

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