The city of Rosario, Argentina, signs its first Bitcoin payment lease contract

ChainCatcher news, according to Argentine media La Capital, after President Javier Milei issued a mega decree abolishing the rent law, the first contract stipulating rent payment in Bitcoin was signed in Rosario.

The agreement stipulates that the tenant will pay the landlord the equivalent of 100 USDT in Bitcoin each month and has chosen the national cryptocurrency exchange Fiwind as the provider of the Bitcoin reference price to execute these payments. The contract also specifies that the tenant will make these payments to the address provided by the landlord within the first five days of each month. Local sources say that while there have been previous records of real estate sales settled in Bitcoin, this is the first such rental agreement.