Buenos Aires has taken a significant step in cryptocurrency integration by allowing residents and businesses to pay city taxes and administrative fees with digital assets, including Dogecoin. The initiative forms part of the “BA Cripto” policy package, positioning the Argentine capital as a growing hub for blockchain technology adoption.
The Dogecoin team responded to the announcement with enthusiasm. The official Dogecoin X account posted “Doge is everywhere,” highlighting the meme cryptocurrency’s expanding real-world utility. The development marks another milestone for Dogecoin, which has evolved from its origins as an internet joke to gain practical applications in major metropolitan areas.
Buenos Aires residents can now use DOGE alongside other cryptocurrencies to fulfil municipal obligations. The policy eliminates traditional payment barriers and provides citizens with alternative methods for settling government-related expenses. City officials designed the program to modernize financial infrastructure and attract tech-savvy businesses to the region.
Buenos Aires Strengthens Crypto Infrastructure
The Argentine capital has pursued several initiatives to establish itself as a cryptocurrency-friendly city. In November, Binance signed a collaboration agreement with officials from the Buenos Aires city government. The partnership aims to promote safe and responsible cryptocurrency adoption among residents.
As part of the collaboration, Binance and the city launched “Live Crypto in Your City,” an educational awareness campaign. The initiative informs residents about cryptocurrency fundamentals and secure usage practices. Campaign materials emphasize practical use cases for digital assets, helping citizens understand how crypto can serve as a financial tool.
The educational push comes at a time when global cryptocurrency adoption faces both opportunities and challenges. Buenos Aires officials believe informed users make better decisions about digital asset management. The program addresses common misconceptions and security concerns that often discourage potential crypto users.
Dogecoin Price Performance
Despite positive adoption news, Dogecoin experienced price declines this week. The cryptocurrency dropped 5.38% in 24 hours, currently trading at $0.1385 at the time of writing. Weekly losses reached 7.75%.
DOGE price chart, Source: CoinMarketCap
Source: https://coinpaper.com/12903/historic-moment-major-city-says-yes-to-dogecoin-tax-payments
