ARGENTINE LAWMAKER INTRODUCES BILL FOR WORKERS TO BE PAID IN CRYPTO
Imagine a world where your paycheck arrives not in traditional currency, but in Bitcoin, Ethereum, or another cryptocurrency of your choosing.For Argentine workers, this vision might soon become a reality. The proposal may help Argentinians in the export business avoid heavy taxes from foreign currency payments. A member of the lower house of the Argentine National Congress has introduced legislation that would allow certain workers in the country to receive some or all of their salary in crypto.In a Tuesday tweet, Argentine Chamber of Deputies MoreIn a move that could revolutionize how Argentinians manage their finances and navigate the country's challenging economic landscape, Chamber of Deputies member José Luis Ramón has introduced a groundbreaking bill proposing that workers be given the option to receive their salaries, in full or in part, in cryptocurrency.This initiative seeks to empower Argentinians, particularly those in the export business or those reliant on employers, by offering them a potential hedge against inflation and greater autonomy over their earnings.This innovative approach has sparked considerable debate and excitement, raising questions about its potential impact on the Argentine economy and the wider adoption of cryptocurrency in everyday life. As reported by CoinDesk, the goal of the bill presented by the Congressman is focused on allowing employees and service exporters to receive their full or partial salary in cryptocurrencies on Monday. Argentines can strengthen their autonomy and preserve the purchasing power of their remuneration, he explained.Is this a bold step towards financial freedom, or a risky gamble with an uncertain future? Argentine lawmaker introduces bill for workers to be paid in crypto PANews | The proposal may help Argentinians in the export business avoid heavy taxes from foreign currency payments.Let's delve into the details of this pioneering legislation and explore its potential implications.
The Rationale Behind the Crypto Salary Bill
The core motivation behind the bill introduced by José Luis Ramón stems from a desire to provide Argentinians with greater financial autonomy and a shield against the country's persistent economic instability. As revealed recently, the Argentine National Congress has introduced a bill for the workers to be paid in crypto. The new legislation will be allowing certain workers in the country to receive a segment or all of their salary in crypto assets. Legislation of Argentine National Congress to Allow Workers to be Paid in CryptoArgentina has long struggled with high inflation rates and currency devaluation, eroding the purchasing power of the Peso and impacting the financial well-being of its citizens.The current economic turmoil has placed Argentina high in grassroots cryptocurrency adoption together with other Latin American countries such as Venezuela
Ramón argues that by allowing workers to receive their salaries in cryptocurrencies, they can circumvent some of the limitations imposed by the traditional financial system and potentially preserve the value of their earnings. Argentine lawmaker introduces bill for workers to be paid in crypto The proposal may help Argentinians in the export business avoid heavy taxes from foreign currency payments. Bitcoin Malaysia 1 Original Group (since 2025)As he stated in a tweet, the intention behind the bill is to, ""strengthen their autonomy and allow them to keep the acquisitive power of"" their remuneration.
- Preserving Purchasing Power: Cryptocurrencies like Bitcoin are often seen as a hedge against inflation due to their limited supply. 6.9M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.By holding their salaries in crypto, Argentinians could potentially mitigate the impact of Peso devaluation.
- Avoiding Foreign Currency Taxes: Argentina imposes taxes on foreign currency transactions.By using crypto, Argentinians in the export business may be able to avoid these taxes, making their earnings more valuable. CRYPTONEWSA member of the lower house of the Argentine National Congress has introduced legislation that would allow certain workers in the country to receiLaw 27,541, passed by the Argentine National Congress in December 2025, established a 30% tax on foreign currency, but Bitcoin (BTC) and other tokens may not fall within this legal framework.
- Financial Autonomy: The bill aims to give workers greater control over their finances, allowing them to manage their earnings without the restrictions often imposed by traditional banks and government regulations.Those Argentines who work overseas would not have to convert their earnings to the peso after returning home.
Key Provisions of the Proposed Legislation
While the full text of the bill is not readily available to the public, based on reports, the key provisions focus on providing workers with the option to receive their salaries in cryptocurrency.This choice would not be mandatory, but rather a voluntary agreement between the employer and the employee.
- Voluntary Participation: Employees would have the right to choose whether or not to receive their salary in crypto.Employers cannot force employees to accept crypto payments.
- Full or Partial Payment: Workers can opt to receive their entire salary, or a portion of it, in cryptocurrency.
- Applicability to Exporters: The bill specifically targets those who export services abroad, recognizing the difficulties they face in dealing with foreign currency restrictions.
- Clarity on Tax Implications: The bill likely needs to address the tax implications of receiving salary in crypto. Jos Luis Ram n, an Argentine lawmaker for the province of Mendoza, has introduced a bill to allow workers and services exported to be paid the entirety or part of their salary in crypto.It is crucial to determine whether crypto salaries will be subject to the same taxes as traditional salaries, and how the value of crypto will be assessed for tax purposes.
Potential Benefits of Crypto Salaries in Argentina
If the bill passes and Argentinians begin receiving their salaries in crypto, the potential benefits could be significant, particularly in the context of the country's economic challenges.
Enhanced Financial Inclusion
Cryptocurrency can offer access to financial services for those who are unbanked or underbanked. TON Blockchain Reaches 100M Users Amid Ecosystem National Bank of Bahrain Launches Region s First Some NEIRO Holders Investing in Pepe UnchainedIn Argentina, where access to traditional banking services may be limited for some, crypto can provide a means to store value, send and receive payments, and participate in the global economy.
Increased Transparency and Efficiency
Cryptocurrency transactions are recorded on a public blockchain, providing a transparent and auditable record of all transactions. We have seen that a lot of countries have raised a proposal bill to make bitcoin a legal tender such as Central and South American. SnapBots News Review-Argentine lawmaker introduces bill forThis can help reduce fraud and corruption, and improve the efficiency of the payment system. Law 27,541, passed by the Argentine National Congress in December 2025, established a 30% tax on foreign currency, but Bitcoin (BTC) and other tokens may not fall within this legal framework. The crypto bill must be passed by both the Argentine Chamber of Deputies and the Senate before being sent to President Alberto Fern ndez for approval.The use of blockchain technology can make payments faster and cheaper, eliminating the need for intermediaries like banks.
Attracting Foreign Investment
By embracing cryptocurrency, Argentina could attract foreign investment from companies and individuals who are already active in the crypto space.This could boost the country's economy and create new jobs.
Potential Challenges and Risks
While the prospect of receiving salaries in crypto is exciting, it's essential to acknowledge the potential challenges and risks associated with this approach.
Volatility of Cryptocurrency
One of the biggest concerns is the volatility of cryptocurrency prices. Law 27,541, passed by the Argentine National Congress in December 2025, established a 30% tax on foreign currency, but Bitcoin and other tokens may not fall within this legal framework. The crypto bill must be passed by both the Argentine Chamber of Deputies and the Senate before being sent to President Alberto Fern ndez for approval.The value of Bitcoin and other cryptocurrencies can fluctuate dramatically in a short period of time. Argentina s national deputy for the Mendoza province, Jos Luis Ram n, tweeted that he has introduced a bill allowing workers to get paid in bitcoin. He wrote, as translated by Google: I presented a bill so that independent workers have the option of receiving their full or partial salary in cryptocurrencies.This means that the value of a worker's salary could decrease significantly between the time they receive it and the time they spend it. Under the proposed bill, workers could opt to be paid fully or partially in crypto. Those Argentines who work overseas would not have to convert their earnings to the peso after returning home. Due to its economic turmoil, Argentina ranks high in grassroots cryptocurrency adoption together with other Latin American countries such as VenezuelaImagine receiving your salary in Bitcoin, only to see its value plummet by 20% the next day.
Lack of Regulation and Consumer Protection
The cryptocurrency market is still largely unregulated in many countries, including Argentina.This lack of regulation leaves consumers vulnerable to fraud and scams. A member of the lower house of the Argentine National Congress has introduced legislation that would allow certain workers in the country to receive some or all of their salary in crypto. In a Tuesday tweet, Argentine Chamber of Deputies member Jos Luis Ram n said his proposed crypto bill would apply to anyone working as an exporter ofThere is also a risk that crypto exchanges could collapse or be hacked, resulting in the loss of funds.
Tax Compliance Issues
The tax implications of receiving salary in crypto can be complex and unclear.It is crucial to establish clear guidelines on how crypto salaries will be taxed, and how the value of crypto will be assessed for tax purposes. ARGENTINE lawmaker introduces bill for workers to be paid in Crypto . If you could get your salary paid in crypto, in which one you would like to be paid with? 類 blockchain DeFi NFTFailure to do so could lead to tax evasion and other legal problems.
Scalability and Adoption
For crypto salaries to become widespread, Argentina needs to develop the necessary infrastructure and educate the public about cryptocurrency. Workers in Argentina in the export business or relying on an employer could have the choice of being paid in crypto if Chamber of Deputies member Jos Luis Ram n's bill were to pass.This includes ensuring that there are enough crypto exchanges and ATMs, and that people understand how to use cryptocurrency wallets and make transactions.
Argentina's History with Cryptocurrency
Argentina has a history with cryptocurrency, and it is largely positive. Welcome to another Crypto Know special where we will explore Argentine lawmaker introduces bill for workers to be paid in crypto in 2025.🔥FROM 0 TO HERO CRYDue to economic instability, including high inflation and currency controls, many Argentinians have turned to Bitcoin and other cryptocurrencies as a way to preserve their savings and conduct international transactions.
Argentina consistently ranks high in cryptocurrency adoption rates in Latin America.This is due in part to the country's tech-savvy population and the challenges posed by the traditional financial system. Argentine lawmaker introduces bill for workers to be paid in crypto Workers in Argentina in the export business or relying on an employer could have the choice ofThe country’s citizens are actively seeking ways to protect their assets from inflation and currency devaluation.
The government's stance on cryptocurrency has been mixed.While there has been some regulatory uncertainty, there has also been a growing recognition of the potential benefits of cryptocurrency for the economy.The Central Bank of Argentina has issued warnings about the risks of cryptocurrency, but has also acknowledged its growing popularity.
How the Bill Could Affect the Argentine Economy
The introduction of crypto salaries could have a significant impact on the Argentine economy, both positive and negative.
Potential Benefits
- Increased Crypto Adoption: The bill could accelerate the adoption of cryptocurrency in Argentina, leading to a more vibrant crypto ecosystem.
- Reduced Reliance on the Peso: By using cryptocurrency, Argentinians could reduce their reliance on the Peso, which could help to stabilize the economy.
- Attracting Foreign Investment: As mentioned earlier, the bill could attract foreign investment from companies and individuals who are already active in the crypto space.
Potential Risks
- Increased Volatility: The widespread use of cryptocurrency could increase the volatility of the Argentine economy, making it more susceptible to external shocks.
- Loss of Tax Revenue: If people avoid paying taxes by using cryptocurrency, the government could lose tax revenue.
- Money Laundering and Illicit Activities: Cryptocurrency can be used for money laundering and other illicit activities, which could undermine the integrity of the financial system.
The Legislative Process and Next Steps
For the crypto salary bill to become law, it must go through a multi-stage legislative process.
- Approval by the Chamber of Deputies: The bill must first be approved by the Argentine Chamber of Deputies, where José Luis Ramón is a member.
- Approval by the Senate: If the bill passes the Chamber of Deputies, it must then be approved by the Senate.
- Presidential Approval: Finally, if the bill passes both houses of Congress, it must be signed into law by President Alberto Fernández.
The bill could face significant opposition from lawmakers who are skeptical of cryptocurrency or concerned about the potential risks. crypto markets; eth-bch vs btc; bitcoin price; ethereum price; cardano (ada) price; solana (sol) price; ripple (xrp) price; polkadot (dot) price; dogecoin (doge) price;It is also possible that the bill will be amended during the legislative process.
Global Context: Other Countries Exploring Crypto Salaries
Argentina is not the only country exploring the possibility of paying workers in cryptocurrency.Several other countries around the world are considering similar initiatives.
- Brazil: Brazil is another South American country that has considered Bitcoin as a means of salary and remuneration payment.
- United Arab Emirates (UAE): A court in the UAE recently recognized salary payments in cryptocurrency, indicating a growing acceptance of crypto in the country.
These examples demonstrate a growing global interest in cryptocurrency and its potential to transform the way people are paid. A member of the lower house of the Argentine National Congress has introduced legislation that would allow certain workers in the country to receive some or all of their salary in crypto.In a Tuesday tweet, Argentine Chamber of Deputies member Jos Luis Ram n said his proposed crypto bill would apAs more countries explore crypto salaries, it is likely that we will see increased innovation and adoption in this area.
Expert Opinions and Reactions
The proposal has been met with mixed reactions from experts in the cryptocurrency and finance industries.
- Supporters: Some experts believe that the bill is a positive step towards financial freedom and could help Argentinians to protect their savings from inflation. An Argentine lawmaker introduced a bill this week to allow employees and those who export services abroad to be paid inThey argue that cryptocurrency offers a more transparent and efficient way to conduct transactions.
- Skeptics: Other experts are more cautious, warning about the risks of cryptocurrency volatility and the lack of regulation.They argue that it is important to ensure that workers are properly educated about the risks before they choose to receive their salaries in crypto.
The reactions from the Argentine public have also been divided, with some expressing excitement about the potential benefits of crypto salaries and others expressing concern about the risks.
Practical Considerations for Employers and Employees
If the crypto salary bill becomes law, both employers and employees will need to carefully consider the practical implications of receiving and paying salaries in cryptocurrency.
For Employers
- Choosing a Cryptocurrency: Employers will need to decide which cryptocurrency to use for salary payments. A member of the lower house Jos Luis Ram n proposed a bill allowing workers to receive a part or a total of their salary in crypto, so that they can strengthen their autonomy and retain the purchasing power of their remuneration .They should consider factors such as volatility, liquidity, and ease of use.
- Setting Up a Crypto Wallet: Employers will need to set up a cryptocurrency wallet to store and manage their crypto funds.
- Calculating the Salary: Employers will need to calculate the equivalent value of the salary in cryptocurrency at the time of payment. Argentine lawmaker introduces bill for workers to be paid in crypto SUBSCRIBE FOR PRIVATE WEEKLY REVIEWS bitcoinThis can be done using a cryptocurrency exchange or other reliable source.
- Tax Compliance: Employers will need to ensure that they comply with all applicable tax laws and regulations regarding crypto salaries.
- Employee Education: Employers should educate their employees about the risks and benefits of receiving salary in crypto, and provide them with the necessary resources to manage their crypto funds.
For Employees
- Understanding the Risks: Employees should understand the risks of cryptocurrency volatility before choosing to receive their salary in crypto.
- Setting Up a Crypto Wallet: Employees will need to set up a cryptocurrency wallet to receive and store their crypto funds.
- Managing Crypto Funds: Employees should learn how to manage their crypto funds securely, including using strong passwords and enabling two-factor authentication.
- Tax Compliance: Employees will need to comply with all applicable tax laws and regulations regarding crypto salaries.
Frequently Asked Questions (FAQs)
What cryptocurrencies would be allowed for salary payments?
The bill likely does not specify which cryptocurrencies can be used. Jos Luis Ram n, an Argentine lawmaker for the province of Mendoza, has introduced a bill to allow workers and services exported to be paid the entirety or part of their salary in crypto. Congressman Jose Luis Ramon tweeted: The intention behind the bill is to, strengthen their autonomy and allow them to keep the acquisitive power ofThis would likely be left to the discretion of the employer and employee, but it's likely that established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) would be the most common choices.
How would the value of crypto salaries be determined?
The value of crypto salaries would likely be determined based on the prevailing market exchange rate at the time of payment.Employers would need to use a reliable cryptocurrency exchange or other source to calculate the equivalent value of the salary in cryptocurrency.
What happens if the value of the cryptocurrency fluctuates after the salary is paid?
The employee would bear the risk of cryptocurrency volatility. The proposal may help Argentinians in the export business avoid heavy taxes from foreign currency payments.Continue reading Argentine lawmaker introduces bill for workers to be paidIf the value of the cryptocurrency decreases after the salary is paid, the employee would lose money.Conversely, if the value increases, the employee would gain money.
Are there any protections for employees who choose to receive their salary in crypto?
The bill may include provisions to protect employees who choose to receive their salary in crypto. Argentine lawmaker introduces bill for workers to be paid in cryptoFor example, it may require employers to provide employees with clear information about the risks and benefits of crypto salaries, and to allow employees to switch back to receiving salary in traditional currency at any time.
Conclusion: A Step Towards a Crypto-Powered Future?
The Argentine lawmaker's bill to allow workers to be paid in crypto represents a bold and potentially transformative step towards a future where cryptocurrency plays a more prominent role in everyday life. Notably, Brazil is not the first country to consider Bitcoin as a means of salary and remuneration payment. An Argentine lawmaker also introduced a similar bill in 2025. Moreover, a United Arab Emirates (UAE) court recently recognized salary payments in the pioneering cryptocurrency amid growing global adoption.While the proposal is not without its challenges and risks, it offers a potential solution to some of the economic problems facing Argentina, such as high inflation and currency controls.By giving workers the option to receive their salaries in cryptocurrency, the bill aims to empower Argentinians and give them greater control over their finances.
The success of this initiative will depend on several factors, including the regulatory framework, the level of public awareness, and the development of the necessary infrastructure.If Argentina can successfully navigate these challenges, it could become a leader in the adoption of cryptocurrency and pave the way for other countries to follow suit.
Key takeaways:
- An Argentine lawmaker has introduced a bill to allow workers to receive their salaries in crypto.
- The bill aims to provide Argentinians with greater financial autonomy and a hedge against inflation.
- The proposal faces potential challenges such as cryptocurrency volatility and lack of regulation.
- The bill could have a significant impact on the Argentine economy, both positive and negative.
- The world will be watching as Argentina considers this innovative approach to compensation.
What are your thoughts on the bill?Do you think it's a good idea?Let us know in the comments below!
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