ChainCatcher news, according to Bitcoin Magazine, the Central Bank of Argentina held a live Bitcoin mining exhibition.

ChainCatcher news, according to CryptoNews, up to 20,000 people in San Pedro, Argentina have been caught up in a fraudulent crypto project related to USDT, which was promoted by some unknown actors.Lawyers state that the platform's operators promised to double investors' funds within six weeks and offered some investors daily returns of 1% to 2% in USD. Currently, at least 50 victims are preparing to file a lawsuit against a company named Knight Consortium. This company operates a crypto platform called "RainbowEx," but it is not registered or legally supported.Among the victims are some retirees, and some investors have been unable to withdraw their funds for three weeks, causing widespread panic.

ChainCatcher news, KIP Protocol has become a sponsor of the 2024 Argentina Technology Forum. Co-founder and CEO Julian Peh will meet with Argentine President Milei and serve as a keynote speaker; co-founder and Chief AI Strategist Dr. Jennifer will also participate in a high-profile panel discussion with other industry leaders on the topic "AI and applications of AI-for education, institutions, and governments."Taking this opportunity, KIP is expanding its influence into the vast Argentine and South American markets. The Argentine government's friendly policies towards cryptocurrency provide an ideal environment for KIP to accelerate its layout: KIP plans to leverage its strong funding and leading technology to promote the practical application of decentralized AI, providing efficient and secure AI + Web3 solutions for millions of users in Argentina. KIP's market strategy perfectly aligns with the rapid development of Argentina's digital economy, and its future development prospects are highly anticipated.The Argentina Technology Forum is the most important and cutting-edge technology forum in Argentina, attracting participation from top global companies and cryptocurrency platforms, with sponsors including industry giants such as Binance, OKX, Bybit, and Render Network. Argentina, as one of the world's most important cryptocurrency markets, has over 10 million cryptocurrency asset accounts, with a market size comparable to traditional capital markets, showing tremendous potential. Since taking office at the end of 2023, current Argentine President Javier Milei has maintained a positive attitude towards cryptocurrency. KIP's appearance at this forum showcases its forward-looking layout in the global cryptocurrency and decentralized AI fields.

ChainCatcher news, Salvadoran President Nayib Bukele met with Argentine Vice President Victoria Villarruel during his official visit to Argentina to discuss cryptocurrency and El Salvador's experience with Bitcoin.Argentine senators and government officials are very interested in Bitcoin. During his official visit to Argentina, Salvadoran President Nayib Bukele held meetings with a group of national senators and the Argentine Vice President to discuss the topic of cryptocurrency.Although the discussions were private, a video prior to the meeting showed Argentine Vice President Victoria Villarruel asking about El Salvador's experience in the Bitcoin field, as El Salvador has adopted Bitcoin as legal tender for several years.Villarruel stated, "I personally want to take a few minutes to talk to you about Bitcoin, which is something I am very interested in."Additionally, Villarruel expressed interest in the so-called volcano bonds, which have been on hold for several years. Bukele proposed these bonds as part of the financing plan for Bitcoin City, a Bitcoin-centric metropolis announced for construction in 2021, but has yet to be built.

ChainCatcher news, according to Cointelegraph, Binance has announced that it has completed the registration as a Virtual Asset Service Provider (VASP) in Argentina, and its mobile app and website are now fully open to users in Argentina. Binance stated that this is its 20th registration with global regulators, having previously completed registrations in Kazakhstan, India, and Indonesia.Guilherme Nazar, Head of Binance Latin America, stated that Argentina is an important market for Binance, and the company supports forward-looking regulation while continuing to collaborate with local governments to promote the sustainable development of the crypto industry.

ChainCatcher news, Cardano founder Charles Hoskinson will meet with Argentine President Javier Milei to discuss the cryptocurrency economy. Charles Hoskinson will travel to the Argentine Technology Forum to engage in dialogue with the president on October 19, discussing the future of blockchain.Charles Hoskinson hopes to discuss the potential of blockchain to change the global economy, political, and social systems. He will also raise questions such as Argentina's values and needs in the technological context, whether the country has chosen the path of Central Bank Digital Currency (CBDC), and what kind of partners it has to rebuild its economy.

ChainCatcher news, the Spanish cryptocurrency exchange platform Bit2Me has announced that it has received approval from the Argentine National Securities Commission (CNV) to become a Virtual Asset Service Provider (VASP).In March of this year, the CNV opened registration for Virtual Asset Service Providers, which is a prerequisite for companies in the industry wishing to operate in the country. According to the official list provided by the CNV, a total of 79 companies have been approved so far.Previous news, on June 15, 2023, Bit2Me completed a $15 million financing round, led by Investcorp, with participation from Telefónica's investment arm Telefónica Ventures, Stratminds VC, Cardano, and YGG Fund.

ChainCatcher news, according to DL News, TRM Labs has disclosed that it assisted Argentine law enforcement in the arrest of a Russian citizen.It is reported that this individual is involved in a multi-million dollar money laundering operation. The 29-year-old suspect accepted cryptocurrency benefits from illegal actors, including the hacker group Lazarus Group. Additionally, the suspect used a Telegram bot to exchange rubles, USDT, euros, and dollars for Argentine pesos. During the arrest, police seized over $120,000 worth of cryptocurrency and an additional $15 million from properties controlled by the suspect.

ChainCatcher news, a Forbes report highlights that Argentinians are increasingly turning to cryptocurrency to hedge against the inflation of the local currency. The country's cryptocurrency adoption rate exceeds that of any country in the Western Hemisphere.Analysis from SimilarWeb shows that out of 130 million users across the top 55 cryptocurrency exchanges, 2.5 million are from Argentina. Popular exchanges in the country include Binance, eToro, BingX, HTX, and Bitget.

ChainCatcher news, according to Cointelegraph, as local inflation rates soar, Argentina's cryptocurrency adoption rate has set a record in the Americas. Analysts say that Argentina has consistently led the Western Hemisphere in cryptocurrency adoption, with an annual inflation rate as high as 276%.In an article on July 8, Forbes analysts stated that Argentina's cryptocurrency adoption rate is higher than any other country in the Western Hemisphere in proportion to the global population. The report cited website data from Similarweb, noting that out of 130 million visitors to the world's 55 largest exchanges, 2.5 million came from Argentina.In terms of visitor numbers, Argentina is also the largest market for the world's largest cryptocurrency exchange, Binance. According to SimilarWeb data, traffic from Argentina accounts for 6.9% of Binance's total visits.

ChainCatcher news, according to Bitcoin.com, the National Electricity Administration of Paraguay (ANDE) has recently raised electricity prices, prompting Bitcoin mining companies to seek alternatives in neighboring countries such as Argentina and Brazil.A joint venture between companies in Argentina and Brazil recently announced an 8-megawatt plan aimed at generating 200 megawatts of power by 2026. Fernando Arriola, president of the Paraguayan Fintech Chamber, announced that several companies have signed documents to move their operations to Argentina.

ChainCatcher news, according to The Block, OpenAI founder Sam Altman and Argentine President Javier Milei met in San Francisco to discuss issues such as Worldcoin's investment in South American countries.It is reported that the two main supporters of the project, Sam Altman and Alex Blania, attended the meeting together as co-founders of Tools for Humanity, the main developer behind the Worldcoin project. During the meeting, the Worldcoin team discussed advancements in artificial intelligence, how to prepare humanity for AI, and its potential investment in Argentina.

ChainCatcher news, according to Bloomberg, Argentina is one of the countries with the highest cryptocurrency adoption rates in the world. The Bitcoin purchase volume at the local cryptocurrency exchange Lemon is nearing the highest weekly value in nearly 20 months, making it the most popular exchange among retail customers in this South American country.It is reported that Argentinians are buying Bitcoin to protect themselves from the impact of 276% inflation, rather than rushing to exchange pesos for dollars.

ChainCatcher news, according to FinanceFeeds, a couple has been arrested for allegedly orchestrating a crypto Ponzi scheme, Braiscompany, in Argentina and transferring over $400 million in cryptocurrency to Brazil. With the assistance of the Argentine Federal Police and Interpol, the operation successfully located the couple, despite their use of false identities.The man, known in Argentina as "Joao Felipe Costa," is reported by local media to actually be one of the founders of Braiscompany, Antonio Inacio Da Silva Neto. They are currently detained in Argentina, awaiting extradition to be transferred to Brazil for imprisonment.

ChainCatcher news, according to analyst Balaji's data, the Bitcoin exchange rate has reached an all-time high in fourteen countries, including Japan, Argentina, Turkey, Nigeria, and others.

ChainCatcher news, BTC has reached an all-time high in Argentina, with each BTC valued at a record 40 million pesos. Against the backdrop of the Argentine peso's collapse (which has fallen 99% against the dollar since 2018), digital assets are slowly becoming a beacon of financial resilience and stability for many citizens.

ChainCatcher news, OKX officially announced the launch of a cryptocurrency exchange and Web3 wallet in Argentina, allowing local users to enjoy secure and reliable cryptocurrency trading services, and to manage and explore DeFi, trade NFTs, use dApps, etc., through a secure and user-friendly self-custody wallet. In addition, users can directly purchase virtual assets from verified local users through the industry-leading peer-to-peer platform OKX P2P. The platform offers Spanish support and several popular local payment options in P2P, enabling users to access virtual assets more easily and reliably.

ChainCatcher news, according to Argentine media La Capital, after President Javier Milei issued a mega decree abolishing the rent law, the first contract stipulating rent payment in Bitcoin was signed in Rosario.The agreement stipulates that the tenant will pay the landlord the equivalent of 100 USDT in Bitcoin each month and has chosen the national cryptocurrency exchange Fiwind as the provider of the Bitcoin reference price to execute these payments. The contract also specifies that the tenant will make these payments to the address provided by the landlord within the first five days of each month. Local sources say that while there have been previous records of real estate sales settled in Bitcoin, this is the first such rental agreement.

ChainCatcher news, according to CoinDesk, Argentina's newly elected president Javier Milei has proposed a bill that allows Argentinians to declare their domestic and foreign cryptocurrency assets to benefit from favorable tax rates and legalize these assets in the country, regardless of their origin or holding location. The asset regularization plan is part of a proposed broad economic and political reform.