CryptoMediaClub
Tuesday, July 8, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Bitcoin

Rosario, Argentina Witnessed First-ever Rental Agreement In Bitcoin (BTC)

16.01.2024
A A
0
149
VIEWS
ShareShare

Rosario, Argentina Witnessed First-ever Rental Agreement In Bitcoin (BTC)

  • Rosario, Argentina sees its first-ever Bitcoin rental agreement, with $100 monthly payments in Bitcoin.
  • President Milei’s reforms open the door to crypto use in Argentina, alongside a tax scheme for overdue holdings.
  • Argentina embraces Bitcoin in rentals, showcasing a broader shift towards cryptocurrency adoption and regulation.

The city of Rosario, Argentina’s third most populous city, has witnessed the signing of a groundbreaking rental agreement involving Bitcoin.

This historic contract marks the first of its kind in Argentina, made possible by recent legislative changes implemented by the new presidential administration.

A New Era Of Rental Agreements In Rosario

According to a report published on January 11th in the local newspaper Pagina 12, a local landlord and tenant have agreed that the tenant will make monthly rental payments in Bitcoin.

The rental agreement stipulates that the tenant will pay $100 in Bitcoin monthly. The tenant will use Fiwind, a local crypto platform, to facilitate these cryptocurrency transactions.

See Also: Google Cloud Adopts Flare Blockchain As A Validator And Infrastructure Provider

Both parties involved in this landmark contract are experienced cryptocurrency users, highlighting a growing acceptance and integration of digital currencies in everyday financial transactions.

This pioneering rental agreement became possible due to recent amendments to Argentine rental laws and other facets of the national legal system.

These changes were enacted by the newly-elected President Javier Milei, who secured victory in the general election in November 2023.

His election took place against the backdrop of rampant inflation plaguing the country.

President Milei’s administration has been keen on introducing economic reforms and deregulation measures to revitalize the nation’s economy.

In December 2023, Diana Mondino, the Minister of Foreign Affairs, International Trade, and Worship, made an important announcement.

She revealed that a decree aimed at economic reform and deregulation would permit the use of Bitcoin and other cryptocurrencies within the country, subject to certain conditions.

Easing The Path To Legalizing Crypto Holdings

In addition to allowing rental agreements in Bitcoin, the Argentine government has also taken steps to facilitate the legalization of cryptocurrency holdings, even for individuals who have fallen behind on their tax declarations.

Under a regularization scheme’s framework, taxpayers can declare their cryptocurrency holdings with a progressive flat tax rate.

Specifically, those who declare their holdings by the end of March 2024 will incur a tax rate of 5%.

See Also: Safety Concern As BNB Chain Token, WEWE, Experiences A Rugpull

This rate will increase to 10% for declarations made from April onwards and 15% for those made from July until the end of September.

These measures reflect a concerted effort by the Argentine government to create a regulatory framework that accommodates the use of cryptocurrencies while simultaneously addressing fiscal concerns.

The post Rosario, Argentina Witnessed First-ever Rental Agreement In Bitcoin (BTC) appeared first on BitcoinWorld.

Share11Tweet7ShareSharePin3

Related Posts

DDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift
Bitcoin

DDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift

07.07.2025
0

BitcoinWorldDDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift In a significant move that echoes a...

Read moreDetails
Canaan’s Astounding 1,484 BTC Holdings: A Bitcoin Mining Powerhouse Emerges

Canaan’s Astounding 1,484 BTC Holdings: A Bitcoin Mining Powerhouse Emerges

07.07.2025
Coinsilium’s Strategic Bitcoin Accumulation: A Bold Move in Digital Assets

Coinsilium’s Strategic Bitcoin Accumulation: A Bold Move in Digital Assets

07.07.2025
Bitcoin Price: Unveiling Four Crucial Trends Shaping BTC This Week

Bitcoin Price: Unveiling Four Crucial Trends Shaping BTC This Week

07.07.2025
Crypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence

Crypto Fear & Greed Index Soars to 73: Unpacking the Market’s Bullish Confidence

03.07.2025
Load More
Next Post
Ordinals Protocol and BRC-20 Tokens Boost Bitcoin Domination to 50% in 2023

Ordinals Protocol and BRC-20 Tokens Boost Bitcoin Domination to 50% in 2023

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

XRPL Account Growth Skyrockets Amid Rising Optimism in the Community

XRPL Account Growth Skyrockets Amid Rising Optimism in the Community

2 years ago
‘Bitcoin Is Not Exactly Money’: IMF Managing Director

‘Bitcoin Is Not Exactly Money’: IMF Managing Director

1 year ago
Solana Defies Bearish December, DEX Trading Volume Surpasses $100B

Solana Defies Bearish December, DEX Trading Volume Surpasses $100B

6 months ago
dYdX Prepones Launch of Cosmos-based Public Testnet

dYdX Prepones Launch of Cosmos-based Public Testnet

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

London Duo Jailed for $2 Million Crypto Scheme

Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

ChatGPT’s 42-Signal TON Analysis Flags Critical $2.70 Support Collapse After UAE Golden Visa Scandal

Pi Coin Price Prediction: Daily Volume Collapses Below $100M – Are Whales Dumping and Vanishing for Good?

DDC Enterprise’s Bold Bitcoin Move: Boosting Holdings to 368 BTC Signals Strategic Shift

BONK’s SOL Buying Spree Counters Pump.Fun $741M Sell-off – Can LetsBONK Trigger 70% Pump?

Trending

Vitalik Buterin Urges Crypto to Embrace ‘Copyleft’ Licensing to Revive Open-Source Ethos
All news

Vitalik Buterin Urges Crypto to Embrace ‘Copyleft’ Licensing to Revive Open-Source Ethos

08.07.2025
0

Ethereum co-founder Vitalik Buterin has called on the crypto community to shift toward “copyleft” licensing, arguing that...

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

[LIVE] Crypto News Today: Latest Updates for July 8, 2025 — Nasdaq-Listed Murano Global Adopts Bitcoin Treasury Strategy With $500M Backing

08.07.2025
Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

Software Developer Polaris Office Joins South Korea’s Stablecoin Craze

08.07.2025
London Duo Jailed for $2 Million Crypto Scheme

London Duo Jailed for $2 Million Crypto Scheme

08.07.2025
Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

Bitcoin remains stuck in $100k-$110k band as retail and whales enter potential standoff

08.07.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz