Argentina, officially the Argentine Republic, is a federal republic in South America. Argentina is one of the largest countries in the world, being in the top-8 by territory, and is the second largest in Latin America. The economy of Argentina is based on rich natural resources, diversified industries and a large agricultural sector. Argentina has a growing high-tech sector, literate population and a high human development rate. Argentine also benefits from tourism, science, independent media and a developed transport communication. Bitcoin in Argentina is not considered a legal currency, as it is not issued by the Central Bank, but there are no restrictions toward it. Bitcoin mining in Argentina and Bitcoin exchanges are also legal. Bitcoin is considered to be a good under the Argentine Civil Code and its transactions are governed by the rules of the Civil Code.
Officials shut down border checkpoints for 4 hours on Aug. 27.
Ransomware hackers shut down Argentina’s borders, demand $4M BTC
Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020.
India Leads P2P Volume Records Among Emerging Markets
Argentina's largest telecommunications company has fallen victim to a $7.5 million ransomware attack.
Major Argentine Telecom Falls Victim to $7.5M Monero Ransomware Attack
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry.
Why Banks Keep Blocking Cryptocurrency-Related Transactions
Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch.
Bitso Hits 1M Users as Crypto Adoption Spikes in Latin America
OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies.
OKEx Now Features Latin American Fiat Gateway with Latamex
The co-founder of pioneering crypto wallet BRD attributes his company’s Venezuelan success to local demand for crypto driven by failing monetary policy.
Failing Monetary Policy Boosts BreadWallet’s Popularity in Venezuela, Says CEO