Prosegur Digital Gold: llega a Argentina el oro tokenizado respaldado en físico

Prosegur Digital Gold llega a Argentina: oro tokenizado respaldado 100% en físico, con custodia blockchain y compra desde un gramo.

• Prosegur Crypto has launched Prosegur Digital Gold in Argentina, offering tokenized gold backed by physical metal stored in secure facilities.
• Each token represents one gram of certified pure gold, with operations recorded on the blockchain for traceability and price following international market rates.
• The initiative aligns with Argentina's evolving regulatory framework for virtual assets, emphasizing AML and KYC compliance.

Topics: Asset types, Infrastructure providers, Compliance, Alternative assets, Tokenization platforms, Aml antimoneylaundering

Tags: #prosegurdigitalgold #tokenizedgold #argentina #blockchain #custody #physicalgold #minosglobal #prosegurcrypto #aml #kyc

Read more

Argentina Snaps Dollar-Buying Streak Day After IMF Hailed Policy

Argentina's central bank didn't buy greenbacks in the official currency market on Tuesday for the first time since Jan. 2. The International Monetary Fund Managing Director encouraged officials to keep raising foreign currency reserves, with the central bank having purchased around $13 billion since the start of the year. The peso weakened less than 0.1% to 1,498 per dollar, with pressure on the peso stemming from an upcoming government dollar-linked bond repayment and low government confidence.

• Argentina's central bank halted dollar purchases for the first time since January, despite IMF encouragement to build reserves.
• The peso weakened slightly due to an upcoming dollar-linked bond repayment and declining government confidence.
• Despite the pause, Argentina has accumulated significant foreign reserves, and the peso has shown relative stability against inflation.

Topics: Jurisdictions, Public debt, Market cycles macro sensitivity, Emerging hubs, Tokenized us treasuries, Interest rate sensitivity, Inflation recession impact

Tags: #argentina #imf #peso #dollar #centralbank #foreignreserves #bondrepayment #governmentconfidence #stablecoin

Read more

Lemon lanza «Gigantes Argentinos» el día de la independencia y permite invertir en YPF y Mercado Libre desde $10

La billetera argentina estrena un pack con YPF, Mercado Libre, Galicia, Pampa y Loma Negra, con inversión fraccionada desde $10.

• Lemon, an Argentine virtual wallet, has launched 'Gigantes Argentinos,' allowing users to invest in five major Argentine companies (YPF, Mercado Libre, Galicia, Pampa, Loma Negra) listed on US stock exchanges.
• The investment is fractional, starting from $10, and accessible directly through the Lemon app, even on Argentine holidays when local markets are closed but Wall Street is open.
• This move signifies a trend of crypto-focused fintechs expanding into traditional markets, offering easier access to global assets for a broader user base, particularly in Argentina where dollar-denominated assets are in high demand.

Topics: Asset types, Institutional adoption, Scalability, Alternative assets, Asset manager initiatives, Retail global adoption

Tags: #lemon #gigantesargentinos #ypf #mercadolibre #inversionfraccionada #wallstreet #acciones #billeteravirtual #fintech #argentina

Read more

World Bank approves guarantee-backed financing package for Argentina

The World Bank Group on Tuesday approved ​a guarantee-backed financing package to ​help mobilize up to $2 billion in ⁠commercial loans for ​Argentina, which will help the ​country reduce its financing costs and strengthen public debt management, ​the institution said in ​a statement.

• The World Bank Group has approved a guarantee-backed financing package for Argentina, aiming to mobilize up to $2 billion in commercial loans.
• This initiative is designed to help Argentina reduce financing costs and strengthen its public debt management.
• The package combines two guarantees from IBRD and MIGA, supporting a six-year commercial loan with a three-year grace period.

Topics: Jurisdictions, Public debt, Institutional adoption, Emerging hubs, Global sovereign bond tokenization, Banking depository pilots

Tags: #worldbank #argentina #financingpackage #commercialloans #publicdebtmanagement #guarantee #internationalbankforreconstructionanddevelopment #multilateralinvestmentguaranteeagency

Read more