Argentina’s government to invest in blockchain projects backed by Binance

posted 3 months ago
The government of Argentina is set to invest in early-stage blockchain startups that are backed by the venture arm of Binance. Argentina’s Ministry of Production & Labour said it will match investments of up to $50,000 into every Argentinian blockchain project that receives funding from Binance Labs.

The ministry plans to invest in up to 10 blockchain projects each year for a period of four years, & will make the investments through Founder Labs, a local blockchain accelerator.
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