#Argentina Says β€œYes” to Crypto – But With Strings Attached

#plebchain #nostrplebs #grownostr #nostriches #nostr #zbdsocial #plebstr #btc #nostrich #milei #news #bitcoin

https://www.ccn.com/news/argentina-says-si-crypto-strings-attached/

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do they legally allow it as "mode of payment" in stores / shop / merchants Pos=pointofsale ? like they do in Brasil n Germany n Salvador

allowing parallel on-chain payment by biz is most important policy. taxed or kyc or not secondary matters/

I just saw your message, I think legally as a store you must receive pesos, I guess you can accept dollar, euro, bitcoin if you want, but I think you must register that operation as pesos (but I’m not an accountant so I can’t assure that and I don’t know how that works)

Now they are adding more kyc controls to the exchanges to avoid money laundry they say.

that's still very fair - sounds like biz need either soon convert or declare the ARS equivalent amount in books.

I don’t know many stores where you can pay with #bitcoin

But there are some Apps where you can get a prepaid debit card and you can set to pay with bitcoin in your account. When you pay in a store, the App do the swap and give pesos to the store.