Argentina | ForkLog

ForkLog 32 08.05.2024

Genesis Digital Assets Harnesses Flared Gas for Bitcoin Mining in Argentina

The American mining firm Genesis Digital Assets (GDA) has established a data centre in Argentina to mine the leading cryptocurrency using energy derived from burning associated gas. Initially, the local partner, energy company YPF.Luz, will power 1,200 ASIC miners from a thermal power plant operating on flared gas. The facility boasts a capacity of 7 […]

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ForkLog 55 27.03.2024

Giga Energy Ventures into Bitcoin Mining in Argentina

Texas-based mining company Giga Energy has expanded its bitcoin mining operations to Argentina, utilizing energy from flared gas. Giga is officially mining in Argentinahttps://t.co/zdXSeeaXNa pic.twitter.com/JdVEn94JNm — Giga Energy (@GigaEnergy_) March 26, 2024 The firm has commenced operations at a major shale oil and gas field in the Mendoza province known as Vaca Muerta. Giga Energy’s […]

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ForkLog 5 20.03.2024

Argentine Demand for Bitcoin Reaches 20-Month High

Weekly Bitcoin purchases in Argentina on the popular local exchange Lemon have reached a 20-month peak with 35,000 transactions, doubling the average for 2023, according to Bloomberg. Source: Bloomberg. A similar trend is observed on other platforms like Ripio and Below. According to the agency, Argentines are striving to protect their personal funds from inflation, […]

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ForkLog 12 07.03.2024

Founder of Braiscompany Arrested in Argentina for Alleged Ponzi Scheme

The founder of Braiscompany, Inacio Da Silva Neto, and his wife, Farias Campos, have been arrested in Argentina for allegedly running a cryptocurrency Ponzi scheme that defrauded Brazilian investors of $400 million, according to Metaverse Post. In 2023, Interpol issued an arrest warrant for Da Silva Neto on charges of money laundering and crimes against […]

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ForkLog 11 31.01.2024

Argentina Withdraws Crypto Asset Amnesty Bill

The Argentine authorities have abandoned a tax amnesty proposal for cryptocurrencies. The initiative would have allowed recognition of ownership rights and exempted assets valued up to $100,000 from tax consequences, according to Bitcoin.com. Under the proposal, assets exceeding this limit would be taxed at 15%. Its implementation could have reduced government administrative costs. The proposal […]

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ForkLog 20 09.01.2024

Russian Bitcoin Trader Killed in Buenos Aires

On the evening of January 7, four unidentified individuals shot dead Russian-born programmer Yevgeny Sipatov in Buenos Aires. This was reported by local media, citing police sources. According to their information, the assailants approached the victim’s home in the Remedios de Escalada area, Lanús municipality, on two motorcycles. Two attackers fired several shots at Sipatov […]

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ForkLog 5 28.12.2023

Milei proposes declaring crypto assets for taxation.

Declaring crypto assets could provide favourable tax rates for citizens and legalise the use of digital currencies, regardless of their origin and storage location.

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ForkLog 4 22.12.2023

Argentine government approves Bitcoin for use in contracts

The post-election government of Argentina has 'ratified and confirmed' that Bitcoin can be used as a currency for contracts. This was stated by Foreign Minister Diana Mondino.

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ForkLog 8 11.12.2023

Experts See Upsides for Crypto Regulation in Milei’s Election

Javier Milei, who has taken office as Argentina's president, should prevent the approval of draconian FATF measures. Such hopes were voiced by the chairman of Bitcoin Argentina, Camilo Horachuria.

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ForkLog 5 21.11.2023

How Argentina’s new president could affect the crypto market, experts explain

On November 20, Argentina's new president became a Bitcoin advocate, Javier Milei. We examine the new leader’s views and share experts' opinions on his potential impact on the crypto industry.

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ForkLog 13 20.11.2023

Milei’s Victory in Argentina Elections Brings Bitcoin in Pesos Closer to ATH

Bitcoin, paired with ARS, moved toward a record high after reports of Milei's victory in the presidential election.

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ForkLog 8 20.11.2023

Bitcoin advocate Javier Milei elected Argentina’s president

Javier Milei was elected President of Argentina with an 11.4% margin after 99.3% of the votes were counted. The former libertarian deputy said he would 'burn' the central bank and abandon the peso in favor of the dollar to defeat inflation.

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