None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.
Kraken caves in to regulatory pressure and drops support for Monero, will this ultimately put an end to privacy tokens? Chitra broke down fundamental differences in security models between PoW and PoS protocols, alongside talking about two categories of DeFi risks. While focusing on attacks caused by unexpected user behaviour, such as rug pulls, his team uses a simulation engine that enables risk predictions.
Cardano ADA hits milestone of 20 million transactions, but when are dApps coming? New York? San Francisco? Floki Shiba. EAK Digital. Footprint Analytics. Grayscale Investments. Vitalik Buterin. Charles Hoskinson. Erhan Korhaliller. Michael Saylor. Jesse Powell. Nayib Bukele. Samson Mow. Changpeng Zhao. Jack Dorsey. Recent Stories. Jesse Powell addresses reasons for Kraken dropping Monero in the U.
Bitcoin, meanwhile, has gained ground in Argentina as an alternative currency and a store of value. These types of informal rates for black market dollar trading are also common in Venezuela, another country that regularly breaks "records" for Bitcoin trading on P2P platforms.
In crisis, there is opportunity, so the saying goes—and it appears that this might be the case for Bitcoin in Argentina. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice. Read on the Decrypt App for the best experience. For the best experience, top crypto news at your fingertips and exclusive features download now.
News Coins. By Jose Antonio Lanz 3 min read. Create an account to save your articles. Image: Shutterstock. In brief Bitcoin trading in Argentina has nearly doubled week over week.
India for example appears to have an independent judiciary. That can only be good news for any foreign business that wants to go there as property rights appear to be protected by the rule of law. However it is not clear how much power the executive has in practice, but India fundamentally appears to have a functioning English model where the rule of law is concerned in as far as other branches might be a bit dicy but the judiciary is independent.
That presumably tells us that Turkey is less free than Europe institutionally speaking, but more free than most other countries. The least free country is China. The country instead appears to be an actual dictatorship, with no fundamental property rights and no rule of law as there appears to be no checks and balances at all.
At the other spectrum may well be Latin America. The authorities there appear to be liberal in the classic sense of the word with no news of any unreasonable restriction reaching us. That may suggest this is potentially a stable fast growth region, and considering the significant monetary mismanagement in many Latin American countries, cryptos may take off here.
The previous all-time high for weekly BTC volume, measured in the local currency, was almost half that at 69 million. In fiat terms, yes, Argentines went from trading 59 million pesos worth of Bitcoin for the week ending on June 27 to breaking the million pesos barrier the following week. But in terms of the actual number of Bitcoins traded , the 92 BTC moved last week, though a significant increase week over week, pales in comparison to the absolute record of BTC reached in April Still, since then, Argentina had not come close to these numbers until last week.
And any way you slice it, Bitcoin trading volume in the country has doubled since the end of June. Traders in the country are presumably seeking safe haven assets or, at least, relatively safer assets as the financial crisis deepens. And the more progressive policies of the recently elected Alberto Fernandez do not seem to be producing the miraculous results that many in the country had hoped for. Bitcoin, meanwhile, has gained ground in Argentina as an alternative currency and a store of value.
These types of informal rates for black market dollar trading are also common in Venezuela, another country that regularly breaks "records" for Bitcoin trading on P2P platforms. In crisis, there is opportunity, so the saying goes—and it appears that this might be the case for Bitcoin in Argentina. The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.
Уже на этой неделе первый для Аргентины Bitcoin ETF запустит группа компаний Matba Rofex. Исмаэль Карам, заместитель CEO Matba по финансовым. Президент Аргентины согласен сделать биткоин законным платежным средством и поддержать создание государственной цифровой валюты. Бразилия и Аргентина В Аргентине биткоин уже давно стал популярен из-за проблем с падением курса национальной валюты.