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

Diana Mondino, the Minister of Foreign Affairs, International Trade and Worship of Argentina, has claimed that a decree legalizing the use of certain currencies in contracts and for payments would apply to Bitcoin (BTC).

In a Dec. 21 post on X — formerly Twitter, Mondino said that a decree seemingly aimed at economic reform and deregulation would allow the use of BTC and other cryptocurrencies in the country under certain conditions. The ‘Bases for the Reconstruction of the Argentine Economy’ decree, passed on Dec. 20, did not specifically mention crypto but included provisions that debtors had the choice to pay in currencies not recognized as legal tender in Argentina.

“We ratify and confirm that in Argentina contracts can be settled in Bitcoin,” said Mondino. “And also any other crypto.”

Ratificamos y confirmamos que en Argentina se podrán pactar contratos en Bitcoin.

— Diana Mondino (@DianaMondino) December 21, 2023

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