On Monday, Mayor Horacio Rodríguez Larreta of Buenos Aires, the capital of Argentina, announced that the city is on the verge of recognizing crypto as a medium that could be used for various financial transactions, including tax payments, according to local media reports.
This surprising move is part of the many changes expected to be effected as soon as the intended digitization of the city’s administration processes is completed— a change believed to be built around blockchain technology.
This digitalization drive by the city’s administration is contained in a 12-step plan titled “Buenos Aires +.”
Speaking on the development, the Mayor noted that the effort aims to transform the capital city into a digital hub.
In his words,
The self-sovereign digital identity, which is one of the most innovative tools that are being given in the world so that citizens have their digital identification.
On crypto payments, the Mayor noted that the city’s government does not intend to r
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