The Argentinian subsidiary of China's Huobi Argentina will develop a $100m data centre in the South American country. The facility, which will focus on blockchain, will be the largest of its kind in the region, Huobi Group said. The data centre is part of the company's plans to create a mechanism for trading and converting the Argentine peso into cryptocurrency and coincides with an economic crisis in the country.
The Argentinian subsidiary of China's Huobi Group will develop a $100m data centre in the South American country. The facility, which will focus on blockchain, will be the largest of its kind in the region, Huobi Argentina said. The data centre is part of the company's plans to create a mechanism for trading and converting the Argentine peso into cryptocurrency and coincides with an economic crisis in the country.