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Paraguay, Argentina Are ‘Targets for Crypto Miners’, May Provide Green Bitcoin Solution

Published on november 5, 2021

“Several companies” are eyeing Latin America – and countries like Argentina and Paraguay in particular – as they look to create new bases for Bitcoin (BTC) and altcoin mining operations.
Per Infobae and La Nacion, other firms are looking to follow in the footsteps of the Chinese company Future Fintech that last week “announced formal plans to build a Bitcoin mining facility in Paraguay.”…
Read More: Paraguay, Argentina Are ‘Targets for Crypto Miners’, May Provide Green Bitcoin Solution

Argentinian FinTech Uala Buys ABC Capital for Ongoing Expansion

Published on november 3, 2021

Ualá, an Argentine financial services firm, has reached an agreement to buy ABC Capital, a Mexican bank, which will allow it to boost expansion and growth plans in Mexico, Reuters reported. “Our commitment to financial inclusion in Mexico is absolute,” said Ualá Founder and CEO Pierpaolo Barbieri, per the report. “We come to revolutionize the […]

Argentinian Futures and Options Exchange Readies Bitcoin Index Move

Published on october 25, 2021

Argentina’s Futures and Options Exchange says it is taking “tentative crypto steps” – and could be set to follow the American bitcoin (BTC) exchange-traded fund (ETF) rush.
Per La Capital, the Rosario-based exchange, known as the Matba Roflex, has put forward a “Bitcoin Index” proposal to create a futures and options contract. The bid will be mulled by the regulatory National Securities Commission….
Read More: Argentinian Futures and Options Exchange Readies Bitcoin Index Move

Bitfarms Mega-Mining Facility Raises Concerns Among Legislators in Argentina

Published on october 25, 2021

The construction of a bitcoin mega-mining farm in Argentina by Bitfarms is raising concerns for legislators. Martín Berhongaray, a national deputy, recently presented a resolution to force the government to disclose information about the installation of the facility, through representatives from the Ministries of Science, Technology and Innovation, Environment and Sustainable Development, and of the […]