The Latin American e-commerce heavyweight Mercado Libre has taken another step into the world of crypto – and will pay its customers to refer friends to the crypto trading service on Mercado Pago, its e-pay app.
Mercado Libre is often dubbed the LATAM Amazon, and has hundreds of millions of users across the region. It began accepting bitcoin (BTC) as a means of payment back in 2021….
Read More: LATAM Payments Giant Mercado Pago Launches Fresh Crypto Adoption Drive
Argentina - Bitcoin News Related To Argentina
Coinbase CEO urges Bitcoin legal tender for Brazil, Argentina — Reaction
Coinbase CEO Brian Armstrong tweeted that BTC may be the “right long-term bet” for the two South American countries currently seeking a common currency.
Argentina Wants Citizens to Declare Their Crypto Holdings
Argentina’s finance ministry is set to launch a draft bill that would essentially force citizens to declare their crypto holdings – or risk paying hefty tax penalties.
Per Errepar, the bill has been spearheaded by Sergio Massa, the Minister for the Economy. The draft law aims to tighten the country’s money laundering rules. It will be tabled in the upcoming parliamentary session, where the ruling Frente de Todos coalition has a slender majority….
Read More: Argentina Wants Citizens to Declare Their Crypto Holdings
Argentine Oil Subsidiary YPF Luz Powering Bitcoin Mining Activities With Residual Gas
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 […]
Why Argentina Is Saying, “Viva La Bitcoin Revolution!”
For a country in which hyperinflation has become an expectation, bitcoin is a potential for real savings.
Bitcoin Miner Bitfarms Starts Production in Argentina, Increases Hashrate to 4.1 EH/s
The Canadian bitcoin miner started up production at its 10th site.
Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments
Crypto payments to the province’s government would be immediately converted to Argentine pesos.
Binance and Mastercard Launch Bitcoin Rewards Card in Argentina
Argentina is the first country in the region to have the card.
Bitcoin Traders in Argentina Restricted From Buying Dollars
It’s an attempt by the central bank to stop the flight of capital and tame inflation.
Argentina's Customs Office Seizes $21M in Crypto Mining Equipment: Report
The case involves 2,233 Whatsminer machines that were improperly imported, according to the government.
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