Argentina's new government has approved the use of Bitcoin and other #Cryptocurrencies in official contracts.
The announcement was made by the country's foreign minister, Diana Mondino, on X (formerly Twitter) on December 21, 2023. The move is seen as a step towards the legalization of Bitcoin and #Stablecoins in Argentina. The country's newly elected President, Javier Milei, has been vocal about his support for #BTC and sees it as a tool to counter the inefficiencies and corruptions of centralized financial systems.
The government's decision to accept #Bitcoin in contracts could pave the way for legal transactions in Bitcoin and stablecoins in the near future. The move is expected to boost the use of #cryptocurrency in Argentina and around the world.
