Buenos Aires Dey Enable Crypto Tax Payment Wit BA Cripto

Buenos Aires don start “BA Cripto,” one city-wide scheme wey allow people and business dem pay municipal taxes and admin fees with cryptocurrencies, especially Bitcoin. The plan wey start for August 19, cover property tax (ABL), motor tax (Patentes), turnover tax (Ingresos Brutos), driver’s licence plus traffic fines via city QR payments. BA Cripto still update economic activities code to include crypto services, remove virtual-asset service providers (PSAVs) from some bank-collection systems, and change trading tax base from gross transactions to net spread. Mayor Jorge Macri talk say dis regulatory upgrade na institutional modernization to attract investment, reduce bureaucracy and make compliance easy. Economic Development Minister Hernán Lombardi say clear rules and less wahala go increase legal certainty and working capital for digital asset businesses. City data show say about 10,000 people dey earn via crypto or PayPal, national crypto accounts pass 10 million. By making QR-based crypto tax payment smooth and aligning rules with market reality, Buenos Aires want become global leader for digital assets. Crypto tax payments now dey part of official tax framework, giving traders and companies better transparency and operational flexibility.