2023-12-23 22:48:52
The announced measures would not be the only ones: “There are more, you will soon find out,” said Javier Milei. Photo: composition by Luis Guerrero/La República/EFE
This new measure is part of the decree issued by the president of Argentina, Javier Miley. For her part, the Minister of Foreign Affairs, Diana Mondino, reported that with the economic deregulation provisions announced by the president, companies will be allowed to pay their workers with cryptocurrencies, kilos of beef or liters of milk, or any designated currency.
“We ratify and confirm that in Argentina contracts can be agreed in Bitcoin. And also any other crypto and/or species such as kilos of steer or liters of milk. Art. 766. – obligation of the debtor. The debtor must deliver the corresponding amount of the designated currency, whether the currency is legal tender in the republic or not,” the official wrote in her X account.
Milei launches a plan to rebuild the economy and “make Argentina a world power.” Photo: LR/EFE composition
With this measure, the US dollar, the euro, the Chinese yuan, cryptocurrencies and payments in kind will be recognized as valid transaction methods in Argentina.
Milei announced a plan to “rebuild” the economy and avoid “the worst crisis in history”
The mandatary Javier Miley He spoke on state television in his first speech since assuming the presidency on December 10, in which he highlighted his plans to deregulate the economy. “We received the worst inheritance in history,” said the head of state when announcing an ambitious economic shock plan to deregulate state activities and sectors that includes the reform of more than 300 regulations and ending the fiscal deficit.
Nevertheless, the measures announced would not be the only ones. “There is more, you will soon find out,” warned President Javier Milei following defending the urgent need decree (DNU) that deregulates the economy and the announcement of a package of reforms that he will send to Congress to be discussed in extraordinary sessions. in statements to Radio Rivadavia.
Milei announced new measures to deregulate Argentina’s economy. Photo: LR/EFE composition
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