Worldcoin Faces Over $1 Million in Fines in Buenos Aires for Legal Violations

Worldcoin Faces Fines for $1+ Million in Buenos Aires for Legal ViolationsWorldcoin, the biometric iris scanning digital ID organization, is being accused by the government of Buenos Aires of several transgressions, including contradictions regarding the treatment of users’ digital information. Buenos Aires considers that the company exposes users to several unfair clauses, including those describing the possible interruption of the service. Worldcoin Faces Over $1 Million […]

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Buenos Aires to Tax Cryptocurrency Mining in 2023

buenos aires cryptocurrency mining taxThe province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, in 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable activity that will levy 4% on the income calculated via these operations. However, it is still unclear if staking will be taxed. Buenos Aires […]

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Argentina Organizes National Blockchain Committee to Implement State Level Strategy

Argentina blockchainThe government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strategy. In a document, Argentina remarks on the importance of this tech for the future and presents several use cases that would benefit from the introduction of blockchain for the digital transformation of the […]

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Brazilian City of Curitiba Mulls Crypto Acceptance for Tax Payments

curitibaThe city of Curitiba, in Brazil, is now studying the possibility of accepting cryptocurrency payments for taxes. Noemia Rocha, a city councilor for Curitiba, presented this project to the executive to study the method by which the municipality could accept cryptocurrencies for these payments using third-party payment processors. Curitiba Might Accept Crypto for Paying Taxes […]

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Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments

buenos airesDario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and how introducing blockchain might eliminate these activities. […]

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Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto

Argentinian Province Mendoza Starts Accepting Tax Payments in CryptoMendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of a third party to process […]

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Buenos Aires to Run Ethereum Nodes by 2023

EthereumThe city of Buenos Aires will deploy a number of Ethereum validator nodes in 2023. The statements were made by Diego Fernandez, secretary of Innovation and Digital Transformation of the city, who clarified this deployment will pursue exploratory and regulatory purposes and will help the city to develop regulations for cryptocurrencies. Buenos Aires to Deploy […]

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