Nexo appoints ex-Binance exec to lead Argentina business and launches Nexo Card

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The post Nexo bets big on Argentina with crypto card launch and new country chief appeared on BitcoinEthereumNews.com. Nexo Card launches in Argentina with debit and credit modes for crypto users. Andres Ondarra will lead Nexo Argentina as General Manager from August 1. Buenos Aires is being positioned as Nexo’s regional hub for Latin America. Nexo has launched its crypto debit-and-credit card in Argentina, marking a deeper push into one of Latin America’s most active digital-asset markets and placing Buenos Aires at the centre of its regional expansion strategy. The launch comes alongside a leadership change, with Andres Ondarra appointed General Manager of Nexo Argentina. The company said the two developments mark the next stage of its growth in the country, where digital assets have become a mainstream part of wealth management for many users. Nexo described Argentina as a market where crypto adoption runs deeper than almost anywhere else, citing the highest share of digital-asset a

The post Nexo brings its dual-mode crypto card to Argentina and names Andres Ondarra as country head appeared on BitcoinEthereumNews.com. Nexo, a digital assets platform, has expanded into Argentina with the local launch of its Nexo Card, coinciding with the appointment of Andres Ondarra as General Manager of Nexo Argentina.  The moves position Buenos Aires as the company’s regional hub for Latin America, targeting a market where digital asset penetration ranks among the highest globally. The card gives holders two ways to use their crypto holdings without liquidating them: spending directly in debit mode, or borrowing against those assets as collateral in credit mode, with both functions accessible through a single interface. New cardholders receive 10% back on their first transaction, plus additional cashback and milestone rewards totalling up to $450 over the first three months, along with daily interest payments of up to 13% annually on idle in-app balances.  The card has received