The Daily: Argentina Meets 2019 With New BATMs, Russia Budgets Millions to Block Sites

In this edition of The Daily, we focus on the growing number of bitcoin in Argentina. Five new devices have been installed recently in Buenos Aires. We also look at a that Russia’s telecom watchdog plans to spend millions of dollars to restrict access to banned websites and services such as Telegram. And in Greece, the suspected BTC-e operator Alexander Vinnik has been hospitalized after a month-long in prison.
Also read: The Daily: Bitfinex Launches Tether Margin Trading, Zebpay Resumes BCH Transactions
Five New Bitcoin Installed in Argentina’s Capital
In a bearish year, cryptocurrencies have enjoyed growing popularity in Argentina, a major South American economy that has been through some hard times in the past decades. For example, the trade between BTC and the Argentine peso on the P2P platform Localbitcoins has seen rising volumes throughout 2018. It reached a record high of almost 9.5 million peso (~$250,000) in the week of Dec. 8, according to market data compiled by Coindance.
The number of teller machines exchanging fiat with digital money has also increased significantly and Argentina is now ranking among the countries with the most crypto ATMs on the continent, the Cripto Noticias news outlet reported. Since September, a company called Athena Bitcoin has installed five new devices in shopping malls and supermarkets in Buenos Aires. That brings the total number of bitcoin ATMs in the country to seven. Two other teller machines were installed in the capital city in 2017.
New BATMs have been popping up the region this year, with dozens of devices now operating in countries like Colombia, Venezuela, Panama, and Mexico. 2018 has also seen the number of cryptocurrency teller machines around the world double to over 4,000 devices, as recently reported. Most of these ATMs support major cryptocurrencies such as BTC, ETH and LTC. The number of devices exchanging BCH has increased to almost 1,400.
Watchdog to Spend Millions on Blocking Online Services
Roskomnadzor, Russia’s Federal Service for Supervision of Communications, Information and Mass Media, is planning to acquire new technology to better combat banned websites and online platforms. The agency is ready to spend up to 20 billion rubles (over $500 million) on its implementation, BBC Service has learned. Sources familiar with the project have been quoted by the media.
The comes after a year of futile attempts to block Telegram, the popular messenger used by millions of crypto enthusiasts around the world. Its operator, founded by entrepreneur Pavel Durov, is fighting a court decision to ban the service in Russia after it refused to hand over its encryption keys to the Federal Security Service, the country’s major security agency.
According to the BBC, Roskomnadzor is planning to use DPI (deep packet inspection) to improve its efforts to restrict access to Telegram and other banned platforms. Currently, Roskomnadzor is trying to curb traffic to these websites and services by blocking the IP addresses they use. This approach, however, has affected many other businesses that have nothing to do with the

This post was syndicated from and originally written by our friends Lubomir Tassev at
Ledger Nano S - The secure hardware wallet

Syndicated from