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Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey

[Oct 26, 2023 11:01 PM] The new all-time highs come despite Bitcoin still being down over 50% against its price peak of $69,000 against the U.S. dollar.

Argentine Peso Reaches Record Lows After National Digital Currency Push

[Oct 5, 2023 7:30 AM] The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843…

Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation

[Oct 3, 2023 5:43 PM] Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank.

Libertarian Javier Milei Wins Argentine Primaries: Experts Weigh In on Dollarization as the Peso Fades

[Aug 15, 2023 4:00 AM] Javier Milei, a libertarian politician, won the Argentine primaries with more than 30% of the total vote, causing experts to weigh in on the dollarization plans he has vowed to apply. Milei’s government plan contemplates reducing the…

Latam Insights — Argentine Peso Touches Historic Lows, Tether Dominated the Brazilian Market

[Aug 13, 2023 6:30 PM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: The Argentine peso reaches historic lows, Tether’s USDT accounts for more than 80% of the…

Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves

[Apr 29, 2023 12:00 AM] The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling dollar…

Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation

[Apr 26, 2023 4:00 AM] Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic…

Like Venezuela, Some Retailers in Argentina Are Now Pricing Items in Dollars

[Mar 8, 2023 6:30 AM] Some retailers in Argentina are already pricing imported items in U.S. dollars, according to reports from local news outlets. The idea behind this would be to keep prices stable and avoid repricing articles each day, a practice that has already…

Argentine Peso Breaks Historic Low Mark as Argentines Hedge Savings in Dollars

[Dec 29, 2022 7:30 AM] The U.S dollar-Argentine peso exchange rate escalated during December, with the Argentine fiat currency reaching new historic lows as citizens ran to exchange their holiday payments for dollars. The U.S. dollar reached a value of 356 pesos on…

Argentine Peso Plunges to a 5 Month Low Amid Legal and Political Woes

[Dec 26, 2022 2:30 AM] The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related…

Latam Based Crypto Exchange Bitso Launches QR Payment Service for Tourists in Argentina

[Nov 12, 2022 3:30 AM] Bitso, one of the largest cryptocurrency exchanges in Latam, has launched a QR payments program geared towards travelers in Argentina. The service proposal seeks to ease the way in which travelers and tourists make payments in the country, using…