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Topic: Argentina has officially approved the agreement to legalize the use of Bitcoin - page 4. (Read 630 times)

sr. member
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This time maybe Argentina is about to legalize bitcoin in their country. We heard the news after Argentina's new president, Javier Milli, won the election.
Today I saw confirmation from Argentina's appointed Minister of Foreign Affairs that officially approved the agreement to legalize the use of Bitcoin in Argentina.
It is not closely to legal tender. There are movements in the country to allow Bitcoin and cryptocurrencies with some conditions.

‘In Argentina, contracts can be settled in Bitcoin’ — Foreign minister

There are only two countries which make Bitcoin legal tender: https://coinmarketcap.com/legal-tender-countries/

They are El Salvador and Central African Republic and I agree that Argentina is going to make Bitcoin legal tender in their country. It won't happen in 2023 as the year is counting down its last 9 days that are not enough for Argentina to do it.
hero member
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This isn't complete approval, is it, like Salvador adopting it for transactions in general?
Mentioning the term "agreeing to the contract" can be in specific transactions, I think it is only in large amounts for certain people. Or not directly using bitcoin, just advantaging its value (whatever way).
sr. member
Activity: 434
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We saw El Salvador become the first country to accept Bitcoin as legal tender, and since then many countries have adopted Bitcoin.

This time maybe Argentina is about to legalize bitcoin in their country. We heard the news after Argentina's new president, Javier Milli, won the election.
Today I saw confirmation from Argentina's appointed Minister of Foreign Affairs that officially approved the agreement to legalize the use of Bitcoin in Argentina.

We saw that people in Argentina have adopted digital currencies such as Bitcoin and USD in recent years.
If Argentina formally approves the agreement to legalize Bitcoin, it would be the first step toward potentially wider crypto adoption in the country.

Get it here: https://www.fxempire.com/news/article/argentina-approves-bitcoin-btc-as-official-currency-1397688
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