Posted 4/2/2024, 2:31:08 PM
Argentina Requires Crypto Firms to Register as Bitcoin Purchases Surge
- Argentina market regulator launches mandatory registry for crypto companies
- Companies must enter info to operate in the country, timed with visit from anti-money laundering agency
- Argentines buying up Bitcoin to protect from currency devaluation and high inflation
- Local crypto exchanges seeing large increase in Bitcoin purchases
- Companies now required to register with regulator before providing crypto services