News.Bitcoin.com

Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas

Published on october 4, 2022

YPF Luz, a subsidiary of the Argentine state oil company YPF, is currently piloting a project to power bitcoin mining operations with residual gas. The initiative, which is currently being tested in Vaca Muerta, one of the biggest oil fields in the country, seeks to take advantage of this byproduct from the initial stages of […]

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The Central Bank of Colombia Is Studying the Creation of a Digital Currency

Published on august 20, 2022

The Central Bank of Colombia is studying the launch of a digital currency, according to statements made by its manager, Leonardo Villar. The organization is evaluating the launch of this instrument as a means of unifying the different digital wallets in the country, making them interoperable and easier to use for customers. Central Bank of […]

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Warren Buffett-Backed Nubank Launches Crypto Trading — Holds Bitcoin on Balance Sheet

Published on may 12, 2022

Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hold and sell cryptocurrency all from the same app, with no need to open new accounts or transfer money.” Nubank Now Offers In-App Crypto Trading […]

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Argentinians Are Now Using P2P Markets to Multiply Their Savings

Published on april 16, 2022

Argentinians are now discovering that P2P (peer-to-peer) markets can be used to maintain or multiply their savings in crypto and foreign currency. According to local media sources, more and more Argentinians are using P2P exchanges and markets to apply arbitrage and earn money being P2P cashiers. Maximiliano Hinz, Latam operations director of Binance, states that […]

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Crypto-Friendly Special Economic Zone in Honduras Adopts Bitcoin as Legal Tender

Published on april 8, 2022

A crypto-friendly special economic zone in Honduras has adopted bitcoin as legal tender, allowing the cryptocurrency to be used to pay taxes and fees. In addition, bitcoin bonds can be issued within its jurisdiction using “world-class standards for AML and KYC.” Bitcoin Operates as Legal Tender in Próspera Próspera, a special economic zone located on […]

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Argentinian Tax Agency Amps Up Scrutiny for Crypto Traders and Holders With New Requirements

Published on march 30, 2022

The Argentinian Tax Agency (AFIP) is watching the movements of cryptocurrency traders and holders, to tighten its control over their transactions. The institution is now sending emails to Argentinian citizens asking for a series of data regarding supposed cryptocurrency operations made in their names. The agency requires the public keys of the citizen and a […]

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Coinbase Set to Close Deal to Acquire 2TM, Parent Company of Latam’s Biggest Exchange, Mercado Bitcoin

Published on march 29, 2022

Coinbase, a leading U.S.-based cryptocurrency exchange, is reportedly close to acquiring 2TM, the unicorn company that owns Mercado Bitcoin, the biggest crypto exchange in Latin America (Latam). The exchange has reportedly been in talks to acquire the company since last year, and the deal could be closed in April according to local media, seeing Coinbase […]

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Colombians Take Legal Action Against Binance for Blocking Their Funds

Published on march 22, 2022

An account blockade that happened more than five months ago due to money laundering issues has prompted some Colombian users of Binance to commence legal action against the exchange in the country. According to reports the funds blocked exceed $1 million, and after an investigation from the FIOD, the Netherlands’ anti-money laundering watchdog, the funds […]

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Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country

Published on march 15, 2022

Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at a series of measures directed at stifling the growth […]

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Skybridge Capital Founder: Bitcoin Will Be Legal Tender in Many Latin American Countries

Published on march 14, 2022

The founder of Skybridge Capital has predicted that “bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador.” He recently doubled down on his $100K bitcoin price prediction but does not currently see the cryptocurrency as a hedge against inflation. Bitcoin Will Be Legal Tender in Many […]

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