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China has been a rather chaotic place for Bitcoin (BTC) investors, traders, and miners for years, with the country making headlines in 2013 for banning activity related to the cryptocurrency. The ban has, however, not been total and BTC has maintained a presence in China throughout the years.  Additionally, contrary to popular perception, the People’s Republic has been very involved with investigating and developing blockchain technology, as best exemplified by the work done on the digital yuan but also by other actions such as the release of plans for national Web3 development in late 2023. Picks for you ‘Nvidia of crypto’ flashes buy signal; $200 on the horizon 2 hours ago Horizen partners with Gateway to boost leading Web3 projects 3 hours ago Ripple v. SEC case update as of May 6, 2024 4 hours ago Bitcoin or Gold? We asked ChatGPT which asset is a better buy for summer 2024 19 hours ago In 2024, China will continue work on developing a ...

Argentina’s government has approved Bitcoin to be used for contractual agree ments. This development follows the election of President Javier Milei, known for his positive stance on cryptocurrencies. Diana Modino, the country’s Minister of Foreign Relations and International Commerce, announced on X that Bitcoin, along with other cryptocurrencies, can now be used as a valid currency in legal contracts in Argentina. Ratificamos y confirmamos que en Argentina se podrán pactar contratos en Bitcoin. — Diana Mondino (@DianaMondino) December 21, 2023 You might also like: Malicious script in Google and X stole $58m in crypto from over 63k users In her statement, Modino emphasized the flexibility of contractual agree ments in Argentina, highlighting that they can be based on various units of value, including traditional ones like kilos of beef or liters of milk. Her post referenced an existing law, underscoring the legal foundation for this decision. While Modino d...