Analysis Crypto by Thebittimes.Com

A massive development for the company, Coinbase has received regulatory approval to launch crypto services in Argentina. Indeed, the US-based cryptocurrency exchange announced the newest location of its global expansion in a recently issued press release. Argentina has continued to emerge as a promising region for cryptocurrency growth. Specifically, 5 million Argentinians utilize cryptocurrency in their daily lives, Coinbase reported. Now, the platform is set to aid that pursuit as they expand their operations into the Southern American nation. We're approved to launch in Argentina. This is an important step in our international strategy and another key chapter in our mission to increase economic freedom around the world. pic.twitter.com/bfudgiDuVD — Coinbase ️ (@coinbase) January 28, 2025 Also Read: Coinbase Launches Bitcoin Loans for US Users Coinbase Gets Regulatory Approval in Argentina Entering the year 2025 was always viewed as a monumental year for cryptocurrencies. The Uni...

El Salvador launches 160-hour Bitcoin certification for 80,000 civil servants. The program aims to enhance governance and build a Bitcoin-ready workforce. Argentina collaborates with El Salvador to learn from its Bitcoin adoption success. The El Salvador government, through its National Bitcoin Office (ONBTC), has embarked on an ambitious initiative to upskill 80,000 civil servants with a comprehensive Bitcoin certification program. 🇸🇻EL SALVADOR CONTINUES TO TRAILBLAZE! El Salvador will soon begin providing #Bitcoin instruction and certification to 80,000 public servants. https://t.co/gG9tMPvnPa — The Bitcoin Office (@bitcoinofficesv) August 20, 2024 This is part of the nation’s ongoing commitment to integrating Bitcoin (BTC) into its economy and governance. The certification program, named “Certification in Public Administration 1,” consists of a 160-hour virtual and asynchronous course divided into seven module...

Argentina’s Minister of Foreign Affairs, Diana Mondina, has confirmed that contracts in the country can now be settled in Bitcoin. Indeed, the development occurred after newly elected president Javier Milei took office in November of this year. The regime change has brought a host of changes to the struggling economy. Milei has been outspoken in his radical ideas regarding the country’s economic circumstances. Over his first few weeks in office, the pro-Bitcoin candidate has already sought to dollarize the Latin American peso. Now, he has officially allowed Bitcoin to factor into contractual agreements. JUST IN: 🇦🇷 Argentina Minister of Foreign Affairs says contracts in the country can be settled in #Bitcoin. — Watcher.Guru (@WatcherGuru) December 21, 2023 Also Read: BRICS: Argentina’s New President Says Country Has ‘No Money’ Argentina Allows Contract Settlements in Bitcoin Over the past year, the Argentinian economy h...

The new BRICS member Argentina’s local currency, the Peso , is facing heavy headwinds against the US dollar this month. The Peso experienced a historic plunge against the US dollar falling to an all-time low of 343. The Argentina government’s decision to devalue the currency by 18% raising the benchmark rate to 118% is among the reasons for the drastic depreciation of the Peso . The economic mismanagement, multiple defaults, US dollar scarcity, and debt led to the decline of the Argentine Peso . Also Read: Argentina to Decline BRICS Membership & Support US Dollar Source: Google On the heels of the election which saw Javier Milei being elected president, the Peso plunged 353.83 on Monday. The price marks a new low for the currency on the same day Milei won the election. The Peso could see a more notable downward trajectory unless the new president comes up with drastic changes to the economy. Also Read: Gold Prices Skyrocket 15 Points Before Fed Meeting B...