argentina News and Articles

Thanks to a fairly reasonable price for electricity, Argentina has been and is a very attractive country for companies that are mining bitcoin. But regular media reports suggest that this is about to change as state-owned electricity wholesaler Cammesa is planning to raise its price for mining...

Every year, digital assets are attracting more and more interest from ordinary Internet users. This indisputable fact lures a huge number of speculators who want to cash in on incompetent consumers who have just started to join the crypto space. Recently, in some provinces of Argentina, dubious...

The new decree issued by the government of Argentina presents taxation rules for crypto transactions. It states the modifications aim to ensure that there is equal tax treatment for Payment Service Providers (PSP) and ensure fiscal sustainability. For that purpose, the country needs to limit...

The central bank of Argentina has suspected several crypto companies of illegal financial transactions. The regulator said in a statement about the beginning of an investigation into the activities of nine companies, which were allegedly engaged in mediation between investors. They transferred fiat...

Affordable government-supported power supply in Argentina opens more BTC mining opportunities allowing to mine from home. Generally, BTC mining is growing in places with low utility prices as it brings more income. As for Argentina, experts say the new policy adopted by the government can be used...

Control over crypto traders began to be strengthened by many countries. South Korea, for example, will force all users of bitcoin exchanges to pay tax to the treasury from 2022. Argentina is also acting in a similar direction. The country’s tax office this week ordered all crypto exchanges to...

Toronto Stock Exchange (TSXV) -listed Bitfarms has signed an agreement with a private electricity supplier in Argentina to consume up to 210 MW of electricity in a data center for bitcoin mining. The agreement is for eight years. During the first four years, the effective cost of electricity will...

The scale of operations with bitcoin in Argentina continues to grow. That country has already managed to gain a foothold in the ranking of leaders in terms of transaction volumes on the LocalBitcoins platform. Last week, the number of transactions with BTC in Argentina exceeded 101 million pesos,...

A consortium of banks and fintech companies in Argentina has launched a pilot program for processing requirements for direct debit of accounts based on a solution from the developer of the RSK blockchain, IOV Labs. It is reported by Cointelegraph. Since 2019, IOV Labs has been part of the round...

The riot in Hong Kong and Argentina made local investors give a premium for Bitcoin. Elections uncertainty brought to a peso plunge in Argentina and lately, BTC was selling for $12000 on a P2P platform LocalBitcoins, this is 10% greater than on the bulk of crypto exchanges all over the world....