Bill that allows salary in cryptocurrency presented in Argentina

Charlie Taylor

Coingoback" srcset=" 700w, uploads/2022/06/Banner-Coingoback-700x150-1-300x64.jpg 300w, 150w, 585w" data-sizes="(max-width: 700px) 100vw, 700px " width="700" height="150" style="display: inline-block;"/>The bill was introduced earlier this month in Argentina to allow workers to receive their wages in cryptocurrencies. Argentina for the province of Mendoza, José Luis Ramón, responsible for the project and enthusiast of the crypto world, recently tweeted explaining the proposal that will allow workers to be paid in bitcoin.

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Present is a bill of law so that workers in dependency relationship and service exporters can have the option of charging their interim or partial suel in crypto-moneys. The idea is that they can strengthen their autonomy and preserve the purchasing power of their remuneration👇— José Luis Ramón (@JoseLuisRamonOk) July 6, 2022

Argentina's national deputy for the province of Mendoza wrote: “I have presented a bill so that dependent workers and service exporters have the option of receiving their full or partial salary in cryptocurrencies. The idea is that they can strengthen their autonomy and maintain the purchasing power of their remuneration”. “This initiative arises from the need to promote greater autonomy and governance of remuneration, without this implying loss of rights or exposure to situations of abuse within the scope of the employment relationship.” The bill can be read in full here. The adoption of cryptocurrency has grown in Argentina, as well as in all of Latin America. In May, an Ámbito report found that Argentines were increasingly interested in bitcoin, ethereum and stablecoins. With an eye on this demand for cryptoactives, Ripio Director Juan José Méndez commented earlier this year to an Argentine television channel that “The pandemic has accelerated the adoption of crypto platforms. Today we have 1 million users in Argentina, when at the beginning of 2020 we had 400 thousand, and this number is growing month by month”.

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