Argentine bitcoiner tells filmmakers of 'perfect currency'
Bitcoinfilm.org has released its first short documentary: a look at the bitcoin market in Argentina, where currency controls and inflation running in the double-digits has been hitting would-be savers hard. "There is much potential in bitcoins and too few people know about it," the Bitcoinfilm.org website states. "We want to make several small documentaries and uncover some of the fantastic and life-changing stories that involves bitcoin." According to the site, the Bitcoinfilm.org team includes film producer Stefan Godskesen, "technology enthusiast" Mathias Linnemann and bitcoin user....
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The Argentine tax authority (AFIP) found three different clandestine cryptocurrency mining farms last week. The farms were located in San Juan and in the city of Cordoba. More than $600,000 in hardware was found at just one of these locations, and the high level of power consumed helped the institution track these farms.
Argentine Tax Authority Detects Three Different Clandestine Crypto Mining Farms
The Argentine tax authority (AFIP) has put its eyes on the business of illegal cryptocurrency mining and has already detected three clandestine cryptocurrency farms in the last week.....
Being a Bitcoiner is as simple as owning any amount of BTC. But as you go further down the rabbit hole, you’ll be eager to get your hands on everything that can help you Bitcoin better. The post The Top 5 Products That Every Bitcoiner Needs appeared first on Bitcoin Magazine.
The Argentine Tax Authority (AFIP) is ramping up its fight against cryptocurrency-related tax evasion. On Oct. 28, the organization informed it had sent notifications to 3,997 taxpayers about incongruencies between their tax statements and reports on their cryptocurrency holdings. These statements being reviewed correspond to reports of operations happening in 2020. Argentine Tax Authority AFIP Ramps up Crypto Vigilance The Argentine Tax Authority (AFIP) is using the reports coming from local exchanges to cross the data in the tax statements and the crypto holdings of several taxpayers and....
American Airlines has stopped accepting payments in Argentine pesos. This decision the result of Argentine government’s currency controls that make it difficult to convert pesos into dollars to repatriate earnings. The constraints on buying dollars have been becoming untenable for a while. American Airlines “had been limiting its Argentine peso holdings....
A proposal to eliminate the physical representation of the Argentine Peso, in order to streamline specific state processes and reduce tax evasion, has been presented by former banker Carlos Maria De Los Santos. The plan, identified as “Argentine Digital Peso,” also predicts that its implementation would lead to lower taxes and bring a surplus to the Argentine economy. Digital Peso Proposal to Stop Tax Evasion On Nov. 4, former Argentine banker and president of the Productive Inclusion Foundation Carlos Maria De Los Santos unveiled a proposal called the “Argentine Digital....