Tag: Argentina

Argentina’s Banco Masventas Uses Bitcoin to Settle Cross-Border Transactions

Most cryptocurrency enthusiasts have shown an interest in this form of money because of its global appeal. It is the only form of money which can reliably be sent across the world without having to deal with currency conversions or country borders. Argentina’s Banco Masventas has acknowledged this, as the institution now relies on Bitcoin to settle cross-border transactions. Bitcoin and Banking can Work Together There is a good reason why banks have opposed Bitcoin …
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Tim Draper Advises Argentinian President to Adopt Blockchain and Bitcoin

Tim Draper is a prominent figure in the world of Bitcoin and cryptocurrency. He is best known as a Bitcoin investor, entrepreneur, and evangelist. Most recently, he recommended Bitcoin to the president of Argentina. It was an interesting comment, although it is doubtful much will come of it. Bitcoin is a Good fit for Argentina Everyone who has kept tabs on the financial situation in Argentina knows something will need to change. Although …
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Over 200 Two-Way Cryptocurrency ATMs Are Coming to Argentina

Two-way Bitcoin ATMs are a lot less common than many people think. The purpose of such machines is to not only let people buy Bitcoin with cash, but also accept Bitcoin payments and return cash to customers. About 200 of these two-way machines will be making their way to Argentina next month. This is a major development for the cryptocurrency industry as a whole. More Bitcoin Functionality in Argentina Bitcoin …
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Latin American Countries Are Warming Up To Bitcoin Loans

Latin America is one of the regions on this planet where the financial situation grows more dire every day. This has attracted the attention of Bitcoin lending platforms, as they could make a huge impact on the market. Bitcoin Loans Are Gaining Traction  In Latin America Bitcoin loans make a lot of sense for financially struggling regions. Anyone can get a Bitcoin loan – assuming they qualify – at  a much …
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