Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC
According to Argentina’s Foreign Minister, financial contracts can now be denominated in bitcoin or any other medium of exchange that the parties to the contract so choose. In addition, debtors will be obligated to “deliver the corresponding amount of the designated currency, whether the currency is legal tender in the Republic or not.”
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Argentine Foreign Minister: Financial Contracts Can Now Be Denominated in BTC
According to Argentina’s Foreign Minister, financial contracts can now be denominated in bitcoin or any other medium of exchange that the parties to the contract so choose. In addition, debtors will be obligated to “deliver the corresponding amount of the designated currency, whether the currency is legal tender in the Republic or not.”