Argentina

Banco Galicia, the largest private bank in Argentina, is allowing its users to buy, sell, send and receive bitcoin on its mobile application.

The Lightning payments app’s launch in the South American country was received with some confusion.

The South American country’s citizens now have access to a cash balance that can be used to save or transfer money without permission.

Users can use the Visa card internationally to purchase regular goods with cryptocurrency and receive 2% cashback in BTC.

Workers in Argentina may be able to receive pay in BTC and store their wealth without fear of inflation.

Low energy costs, high inflation and restrictive capital controls have pushed residents of Argentina to mine bitcoin in their homes.

The country is a haven for the digital asset as it embraces the revolution of independent money.

Government authorities in Argentina are requiring cryptocurrency exchanges in the country to provide monthly data on users and transactions.

MercadoLibra, a publicly-traded e-commerce giant, disclosed a $7.8 million bitcoin purchase and plans to hold the BTC indefinitely.

People whose local financial systems are failing through no fault of their own are increasingly turning to bitcoin and driving prices to new highs.