Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto – News Bitcoin News

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Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto – News Bitcoin News
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Mendoza, a province of Argentina, is one of the first in the country to implement a digital system that allows taxpayers to execute payments and other operations with crypto.

It is one more door to facilitate the payment of taxes to taxpayers. This is a service offered by the payment processor with which we have incorporated new technology, such as virtual wallets and cryptocurrencies.While the payment utility is directly embedded in the page of the province, the payments are processed by a third-party company, that accepts crypto and liquidates the payments made in Argentinian pesos to the province.

that the city was planning to also introduce crypto payments for taxes. Larreta stated that this use case could be implemented in 2023 alongside a blockchain-based identification system.the inclusion of these assets as payments for taxes in 2023 due to their popularity.

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