Bitcoin rent agreement: Landlord and tenant sign BTC contract

The monthly payment under the sealed contract will equal $100 in Bitcoin.

In Rosario, the third most populated city in Argentina, a local landlord and a tenant have sealed a rental agreement where the latter will pay monthly rent in Bitcoin (BTC). According to a report in the local newspaper Paginal 12 from Jan. 11, the contract is the first of its kind in Argentina, made possible by recent law amendments by the new presidential administration.

The monthly payment under the sealed contract will equal $100 in Bitcoin. The tenant will transfer the funds monthly through Fiwind, a local crypto platform. The report highlights that both counterparties to the contract are experienced crypto users.

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Source: https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant