Argentina has proposed a bill that allows workers to receive wages in cryptocurrency. He explained that the idea is that workers “can strengthen their autonomy and preserve the purchasing power of their remuneration.”

  • The national representative of Argentina’s Mendoza province, José Luis Ramón, said on Twitter that he had introduced a bill that would allow workers to be paid in Bitcoin.he wrote, Translated by Google:

I proposed a bill so that independent workers…can choose to receive all or part of their wages in cryptocurrency.

  • He added: “Their idea is that they can strengthen their autonomy and retain the purchasing power of their remuneration.”
  • Argentine lawmakers stated that cryptocurrencies “have been used for a long time because of their advantages.”
  • The representative pointed out, “This project was born when we participated in the Knowledge Economy Forum a few years ago, and we saw the need to solve some problems.”

  • After El Salvador made Bitcoin a legal tender, Argentina’s deputy Francisco Sánchez temporarily placed laser eyes on his profile photo and wrote on Twitter: “I can’t believe it, but the truth is That’s it.”
  • The adoption rate of cryptocurrencies in Argentina has been growing. In May of this year, a report found that Argentines are becoming more and more interested in Bitcoin, Ethereum and stablecoins. Juan José Méndez, director of Ripio, commented at the time: “The pandemic has accelerated the adoption of crypto platforms. Today we have 1 million users in Argentina, and at the beginning of 2020 we have 400,000, and this number is growing month by month.”
  • A survey conducted in Argentina last year showed that 73.4% of participants believe that in the current economic situation, cryptocurrency is the most effective way to preserve and protect funds.
  • The full bill can be found here.
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