Argentina introduces new investment instruments – CEDEARs, which allow local investors to invest in cryptocurrencies through exchange-traded funds (ETFs). Among them are Bitcoin ETF IBIT and Ethereum ETF ETHA, eliminating the need to manage crypto wallets. This step was made possible through collaboration between the Argentine Stock Exchange and Comafi Bank, opening access to international markets and cryptocurrencies amid the devaluation of the peso.
12/6/2024 3:03:46 PM (GMT+1)
Argentina launches CEDEARs with access to Bitcoin ETF IBIT and Ethereum ETF ETHA, allowing investment in cryptocurrencies without crypto wallets, amidst peso devaluation 💰
853
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
Coinbase resumes operations in India after obtaining approvals from the Financial Intelligence Unit (FIU), with plans to launch retail services and expand its crypto platform in 2025
Utah removed the creation of a Bitcoin reserve fund from the HB230 bill, which now focuses on protecting the rights of miners and digital asset owners
Turkish bank BankPozitif is launching a cryptocurrency custody service in partnership with Taurus, having received a license from the Turkish Securities and Exchange Commission for the safe custody of digital assets
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
Australia does not plan to create a strategic cryptocurrency reserve, despite the USA's initiative to include XRP, Bitcoin, and others in the national financial reserve
European regulators are investigating OKX's involvement in laundering $100 million from the hacked funds of Bybit, considering a potential violation of MiCA standards for cryptocurrency services
El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering
