Argentina

Among restrictions on forex investment and an unstable fiat economy, we explore the growing interest in and need for bitcoin in Argentina.

Following new forex restrictions that limit the amount of USD that Argentines can buy, bitcoin is poised to become a go-to haven in Argentina.

“Thanks to the arrival of bitcoin, Argentines may finally have a sound money alternative before them.”

Stressed economic and political conditions are apparently driving the price of bitcoin in disparate parts of the world.

Instead of impactful decisions about the monetary system, like a bailout or quantitative easing, depending on the perfect honesty and competency of a single individual or small group, Satoshi envisioned Bitcoin as a more robust monetary system.

Essentially, Bitwage now allows companies across the United States and Puerto Rico to fund their W2 payrolls and payroll taxes in ether and bitcoin.

Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation.

OKCoin plans to begin its expansion by opening an office in Buenos Aires and then building up a team to support its business throughout Latin America. Other Latin American fiat currencies will be added in the coming months.

This expansion will add to its offerings in 46 states of the United States, something that required “quite a bit of work,” according to CEO Zac Prince.

Banco Masventas is now the first financial establishment to base its cross-border payment system on the Bitcoin network.