Argentina is accepting Bitcoin:-

This crucial announcement marks a positive step towards  legitimising Bitcoin as a recognised currency means of conducting formal agreements 

In Argentina  new Government  is formed has taken decision  to endorse the use of Bitcoin for contractual agreement. This announcement  was decleared by the Foreign  Minister Ms Diana Mondino on X platform in her post. According  to Ms Mondino the Govt's willing to accept and formalise contracts in the Cryptocurrency. This announcement  comes a day after the new President  Mr Javier Milei, to de regulate the nation's is struggling Economy, along with more than 300 rules are changed by president, which including  on labour and rent practices.

In her post Ms Mondino told on Thursday " We are agreed in Argentina  to confirm  for Bitcoin as a legal tender with other crypto such as kilos, specirs , steer and litres of milk in all way. Ms Mondino add that debtor will deliver the sufficient  amount of the designated currency, while the currency  is legal gender in the Republic or not. In Presidential  election  while campaigning had issued very positive  comment views about Bitcoin.

Central Bank Scam :-

Mr President  told that the Central bank is a scam in the country because the politicians have to cheat the innocent peoples with inflation ary tax. Mr Mondino said, Bitcoin " represents the return of money to its original creator, and in private sector and this analysis  will prevent politicians  robbing the people of Argentina by adopt ing in the  firm of inflation tax.

However  the full  details implement and legal process have not given the outline by Ms Mondino despite her deceleration  marks a crucial strong  step towards  ligitmising Bitcoin as a recognised adopts of conducting formal agreements. 

Argentina's Economy :-

The Latin Amarica's 3rd biggest Economy  is on knees due to decades of debt and financial  mis management 160% year - on - year and 40% of Argentina  are living in Poverty.