Buenbit


Finance

Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs

Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentinian peso, using MakerDAO’s DAI as collateral.

Buenbit CEO Federico Ogue (Buenbit)

Finance

Why Latin American Crypto Exchanges Are Doubling Down on Yield Products

Despite inflation and macroeconomic instability, regional companies offer interest rates of up to 15% on different stablecoins, well above their global competitors.

Exchanges latinoamericanos ofrecen tasas de rendimiento cripto más altas que las sus pares en otras regiones. (CoinDesk archive)

Finance

Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn

The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries.

Federico Ogue, CEO de Buenbit. (Buenbit)

Policy

Buenos Aires City to Allow Residents to Make Tax Payments With Crypto

The crypto will be converted to Argentine pesos by crypto firms before being given to the city, said Mayor Horacio Rodríguez Larreta.

Buenos Aires, Argentina (Sasha Stories/Unsplash)

Markets

Argentinian Crypto Exchange Buenbit Raises $11M to Expand in Latin America

Buenbit plans to expand in Peru, Colombia and either Brazil or Mexico.

Federico Ogue, CEO de Buenbit. (Buenbit)

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