Share this article
Argentina Dismantles Illegal Crypto Mining Operation, Arrests 40
The country’s tax collection agency has seized cash and crypto mining equipment in a series of raids.
Updated May 9, 2023, 4:00 a.m. Published Oct 21, 2022, 5:16 p.m. 1 min read
Argentina’s tax collection agency (AFIP), together with the government of the Buenos Aires province, arrested 40 people after 70 raids that took down an illegal crypto mining operation, the government announced Thursday.
The AFIP located a shed allegedly used for crypto mining, “with a large number of video boards along with racks and sources required for their connection,” the agency said, adding that it seized “significant amounts of cash and crypto mining equipment.”
In September, AFIP started inspecting crypto operations and conducting raids across the country in search of unregistered crypto miners.
Read more: Argentina Bears Down on Crypto Miners Amid Power Shortage
Mais para você
Project Agorá, backed by major central banks, will now move toward "real-value" testing to settle tokenized central bank money and bank deposits on blockchain rails.
O que saber:
- Project Agorá, backed by the Bank for International Settlements, found that tokenizing central bank reserves and commercial bank deposits could significantly improve the speed and reliability of payments across borders.
- With major central banks like the New York Fed, Bank of England and Bank of Japan involved, members now plan...
Top Stories
