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Tag: Argentina

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Argentina aims to learn from El Salvador’s Bitcoin success

Argentina wants to learn from El Salvador’s experience of Bitcoin adoption and other cryptocurrency activities. The government of Argentina is working with El Salvador to learn from its experience of Bitcoin adoption and other cryptocurrency activities. Argentina’s securities regulator, the National Securities Commission (CNV), held a meeting with El Salvador’s National Commission of Digital Assets (CNAD)…
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In inflation-torn Argentina, locals use ‘crypto caves’ — and avoid Bitcoin

Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar. Argentines are using black market exchanges, known locally as “crypto caves,” to buy U.S. dollar stablecoins in a bid to escape strict currency controls and triple-digit inflation of the Argentine peso (ARS), and are reportedly shunning Bitcoin  due…
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OKX rolls out crypto exchange services in Argentina

Hong Fang, president of crypto exchange OKX, emphasized that Argentina represents “a crucial launchpad” for the crypto exchange’s regional growth strategy. Cryptocurrency exchange OKX has announced its expansion into Argentina as part of its ongoing strategy to target the Latin American market. The move follows its launch in Brazil in late 2023. In a recent statement,…
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