Bitcoin
Bitcoin (BTC)
$63,980.00 -0.27495
Bitcoin price
Ethereum
Ethereum (ETH)
$3,426.00 1.01054
Ethereum price
BNB
BNB (BNB)
$571.79 0.42578
BNB price
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$159.10 2.0629
Solana price
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$0.5692470 -9.75187
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$0.0000174 -6.89758
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$0.0000117 -0.53073
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Bonk
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$0.0000269 0.05847
Bonk price
Bitcoin
Bitcoin (BTC)
$63,980.00 -0.27495
Bitcoin price
Ethereum
Ethereum (ETH)
$3,426.00 1.01054
Ethereum price
BNB
BNB (BNB)
$571.79 0.42578
BNB price
Solana
Solana (SOL)
$159.10 2.0629
Solana price
XRP
XRP (XRP)
$0.5692470 -9.75187
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.89758
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 -0.53073
Pepe price
Bonk
Bonk (BONK)
$0.0000269 0.05847
Bonk price
Bitcoin
Bitcoin (BTC)
$63,980.00 -0.27495
Bitcoin price
Ethereum
Ethereum (ETH)
$3,426.00 1.01054
Ethereum price
BNB
BNB (BNB)
$571.79 0.42578
BNB price
Solana
Solana (SOL)
$159.10 2.0629
Solana price
XRP
XRP (XRP)
$0.5692470 -9.75187
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.89758
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 -0.53073
Pepe price
Bonk
Bonk (BONK)
$0.0000269 0.05847
Bonk price
Bitcoin
Bitcoin (BTC)
$63,980.00 -0.27495
Bitcoin price
Ethereum
Ethereum (ETH)
$3,426.00 1.01054
Ethereum price
BNB
BNB (BNB)
$571.79 0.42578
BNB price
Solana
Solana (SOL)
$159.10 2.0629
Solana price
XRP
XRP (XRP)
$0.5692470 -9.75187
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -6.89758
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000117 -0.53073
Pepe price
Bonk
Bonk (BONK)
$0.0000269 0.05847
Bonk price

Argentinan president advocates for cryptocurrency declaration in reform bill

argentinan-president-advocates-for-cryptocurrency-declaration-in-reform-bill
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Argentinan president advocates for cryptocurrency declaration in reform bill

Argentina’s government will offer a flexible tax rate and legitimize the usage of cryptocurrency assets within the country, irrespective of location or origin.

President of Argentina Javier Milei proposed the bill as part of a broader set of economic and political reforms. The crypto community has responded positively to Milei’s election in November, given his endorsement of Bitcoin (BTC) during his campaign. However, the bill, which includes numerous reforms, has quickly sparked controversy and protests since its introduction on Tuesday.

Under the proposed framework, cryptocurrencies and various assets, from liquid cash to real estate, fall under a new regularization plan. This plan offers incentives for early disclosure of such assets. Specifically, Argentinians declaring their cryptocurrency assets by March 31 will benefit from a low tax rate of 5%. This rate, however, will escalate up to 15% by Nov. 30.

This move comes after the Argentine government’s earlier decision to recognize Bitcoin for contractual agreements. Diana Modino, Argentina’s Minister of Foreign Relations and International Commerce, announced this month that Bitcoin and other digital currencies are now considered valid for legal contracts nationwide.