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Argentina begins crypto registration rule: Navigating the new regulatory landscape

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Why is Argentina mandating crypto service provider registration, and how will this rule reshape the industry?  As Argentina begins its crypto registration rule, this article briefly briefs on the critical changes, compliance expectations, and long-term implications in a direct, fluff-free analysis. Cryptocurrency and the casino landscape in Argentina: An evolving intersection In Argentina, the­ way cryptocurrencies and casinos work togethe­r is slowly changing. There aren’t any rule­s specifically about using cryptocurrency for gambling. Howeve­r, more people are­ using digital money, and it’s becoming part of Argentina’s e­conomy and society. This shows the country is accepting crypto. More­ and more people in Arge­ ntina are buying crypto currency regularly. The high inflation rates are one­ reason people are­ losing trust in the Argentine pe­so. Cryptocurrency is seen as an inve­stmen...

Argentina securities regulator approves Bitcoin futures index

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The regulated Bitcoin futures index is reportedly a first in Latin America and is set to debut in May. The securities regulator of Argentina has approved a Bitcoin-based futures index set to debut on the Matba Rofex exchange. The Bitcoin futures contract will start trading in May and the exchange claimed it will be the first regulated Bitcoin futures in Latin America. The National Commission Of Value (CNV), the country's securities regulator, approved the Bitcoin (BTC) futures index as part of a strategic innovation agenda. The innovation agenda launched in the first quarter of 2022 is focused on creating a space for public-private collaboration aimed at creating new and creative products in the capital market. The Bitcoin futures contract will be based on the price of BTC provided by various entities in the nation offering BTC/ARS trading pairs. All trades will be settled in the national fiat currency and traders will be required to deposit Argentine pesos through bank transfer...