Buenos Aires Embraces Crypto: Residents Can Now Pay Taxes with Dogecoin and Other Digital Assets

The city of Buenos Aires has launched a landmark initiative allowing residents and businesses to pay municipal taxes and administrative fees using cryptocurrencies, including the meme coin Dogecoin (DOGE). This move is part of the broader "BA Crypto" policy package, which aims to position the Argentine capital as a leading global hub for blockchain technology adoption.

The program is designed to modernize financial infrastructure, provide faster payment alternatives, and attract tech-focused businesses. City officials stated the policy removes challenges associated with traditional payment methods. In addition to Dogecoin, other supported digital assets can be used to fulfill municipal obligations.

The announcement gained significant traction after the official Dogecoin account on X posted "Doge is everywhere," celebrating the coin's expanding real-world utility. This development marks a major milestone for Dogecoin, which has evolved from an internet joke to a practical payment tool in various projects and countries.

Buenos Aires is also partnering with cryptocurrency exchange Binance to promote safe adoption. The collaboration, announced in November, includes an educational campaign called "Live Crypto in Your City." This initiative seeks to inform residents about cryptocurrency fundamentals, secure usage practices, and practical use cases, aiming to address common misconceptions and security concerns.

This local push coincides with broader institutional advancements. Vanguard Group, the world's second-largest asset manager, has reversed a long-standing policy and now permits trading of ETFs and mutual funds that hold cryptocurrencies as primary assets. This shift reflects a growing trend of financial firms expanding crypto-linked product access for investors.

The news from Buenos Aires is part of a wider global race for crypto adoption. For instance, Japan is reportedly considering anchoring its national digital ID infrastructure on XRPL, a technology built by Ripple Labs, which could reshape finance and boost the adoption of Ripple's technology and the XRP token.