The bill has already been presented in the Argentine Chamber of Deputies. The author of the project met with President Fernandez and discussed the matter.
The national deputy José Luis Ramón revealed that Alberto Fernández, president of Argentina, “would be supporting the discussion of a project regarding a Bitcoin law.” This news arrived due to the release of this bill that, if approved, will permit the collection of salaries in bitcoin (BTC) and cryptocurrencies in the South American nation.
In a dialogue with the lawyer Camilo Jorajuría de León, a member of the NGO Bitcoin Argentina, through a video call, the deputy said that on Monday, July 19, he met in person with the president and informed him of his bill.
The text, entitled “Regime for the perception of wages in cryptocurrencies,” appeared in Congress at the beginning of July, by the Mendoza politician, from the Unidad y Equidad Federal party.
Ramón said, during the talk, that he thinks that the president would be open-minded and even contribute with improvements and new ideas regarding this law.
He clarified that “it is not the same to be president of the Nation as a legislator” because, as he explained, as a deputy he has “certain freedom to be able to raise these things. In any case, the politician argues that Alberto Fernández completely understands the nature of this project.
The Law Would Help Freelancers and Salaried Employees
The bill mentioned here brings many benefits for two types of workers to receive their payment, totally or partially, in cryptocurrencies: freelancers who export services, and salaried employees.
The politician mentioned, during the talk, that one of the main goals of the law is to stop the cheating behavior between intermediaries during a payment. When someone provides a service abroad, they earn a specific amount but receive much less.
Both freelancers and salaried employees will gain access to keep crypto assets as a store of value. This feature is vital in the South American nation, which suffers from constant inflation and devaluation of its local currency.
Regarding the Argentine financial system, Ramón highlights that banks are generating enormous abuses in many citizens. The decentralized system promises to be a much safer way for citizens to protect their finances. Citizens even find this alternative cheaper than the centralized systems of the Central Bank, Ramon said.
Argentina is Not the Same as El Salvador
The dialogue between José Luis Ramón and Camilo Jorajuría de León focused for a few minutes on El Salvador. The Central American country recently approved the Bitcoin Law, which sets that cryptocurrency as legal tender.
According to the World Bank, one of the main goals of the Salvadoran Bitcoin Law is to grant the receipt of remittances, which represent 24% of that country’s income.
By: Jenson Nuñez
