A landlord and tenant in Rosario, Argentina, have signed a rental agreement in which the tenant will pay their monthly rent in Bitcoin. This is believed to be the first rental agreement of its kind in the country and has been made possible by recent amendments to the law by the new presidential administration. The tenant will pay $100 worth of Bitcoin each month using a local crypto platform called Fiwind. Both the landlord and tenant are experienced cryptocurrency users. The amendments to Argentine rental law were introduced by President Javier Milei, who was elected in November 2023 during a period of high inflation in the country. The government has also implemented measures to legalize cryptocurrency holdings, even for those who have outstanding tax declarations. These measures include a regularization scheme whereby taxpayers can declare their holdings and pay a flat tax rate based on the timing of their declaration. Read more AI-generated news on: https://app.chaingpt.org/news