Argentina Breaks New Ground: First Bitcoin Rental Agreement in Rosario
Jan 16, 2024
In a historic move for Argentina, a rental agreement denominated in Bitcoin was recorded in Rosario, the country's third-largest city, on January 11, 2024. According to local reports, the contract outlines that the tenant will pay the landlord the equivalent of $100 in Bitcoin each month, with Fiwind, a national cryptocurrency exchange, facilitating the exchange rate determination and payment execution. This development follows an executive order issued by President Javier Milei the previous year, permitting contracts to be settled in cryptocurrencies.