Argentina has been rocked by economic instability in recent years, with failed agreements with the IMF, capital controls, state price dictates, and expropriation of companies. Despite these challenges, Augusto Darget, a renowned investment banker from Buenos Aires, is optimistic about the prospects of the Buenos Aires stock exchange. He predicts that stocks will be significantly […]
Tether, a prominent player in the cryptocurrency market, anticipates that Argentina’s impending dollarization will spur the use of stablecoins, particularly USDT, for everyday transactions. This shift is expected to have significant implications for the Argentine economy and cryptocurrency users.Javier Bastardo, Tether’s PR manager for Latin America, believes that dollarization in Argentina is inevitable. He suggests […]
Tether’s forecast about dollarization in Argentina and the rise of stablecoins has sparked a fascinating debate about the future of money and the economy. With the potential shift in Argentine monetary policy and the growing popularity of cryptocurrencies, we may be witnessing the birth of a new financial era. The financial world is changing, and […]
Argentinian president Javier Milei is facing backlash and protests over a new bill that aims to revive the country’s economy by offering tax cuts to residents who declare their crypto holdings. The bill proposes a 5% tax rate for assets reported by March, increasing to 15% for those who wait until November. Milei, who took […]
Argentina’s President Javier Milei has proposed a draft bill aimed at regularizing cryptocurrency holdings as part of his economic and political reform agenda. The bill, titled the ‘Law of Bases and Starting Points for the Freedom of Argentines,’ introduces an asset regularization scheme that offers tax incentives to individuals declaring crypto assets, regardless of their […]
The Argentine government has introduced a bill that aims to regulate undeclared cryptocurrencies, including bitcoin, under a new tax regime. The proposal, known as the “law of bases and starting points for the freedom of Argentines,” seeks to establish a legal framework for the regularization of assets, including cryptocurrencies and cryptoassets. This move recognizes the […]
The newly formed government of Argentina, led by libertarian Javier Milei, has introduced a bill to ease the path to legalizing cryptocurrency holdings, even for those who have not declared their taxes. The bill, known as the Law of Bases and Starting Points for the Freedom of Argentines, encompasses various reforms in tax, labor, criminal, […]
The Legislative Assembly of El Salvador has passed a migration law that allows foreigners to obtain expedited citizenship by making Bitcoin donations to government programs. The law, which emphasizes support for the country’s development initiatives, is expected to take effect soon.The reform, supported by the New Ideas party led by Nayib Bukele, was approved on […]
The Horizon project, created by Brazilian duo Raffaela Loffredo and Barba, has been recognized as one of the winners of the Chainlink Constellation Hackathon’s ‘High Quality’ award. This innovative project operates as a consortium platform on the blockchain, allowing users to deposit values into a pool and participate in monthly adjudication rounds. The selection of […]
Argentina has authorized the use of Bitcoin for contracts, signaling a potential shift towards accepting it as a legal currency. This move reflects the growing trend in Latin America of turning to cryptocurrencies as an alternative to devalued local currencies.The decision by the Argentine government to allow Bitcoin contracts is seen as a significant step […]
