Argentina has created a national blockchain committee

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The Argentine government has created a national blockchain committee to formulate a unified strategy for the development of digital technologies in the country.

The National Blockchain Committee willcoordinate and direct the activities of cryptocurrency companies in Argentina, as well as advise authorities on the compatibility of blockchain technologies in the performance of government functions.

The committee is expected to focus ondevelopment of public policy and technical solutions based on blockchain. In particular, he will prepare a proposal on options for using blockchain to control the intended use and audit of state budget expenditures.

In addition, the Argentine governmentexpects the blockchain committee to solve the problem of identifying citizens, confirming identity cards and other official documents, as well as organizing control over the process of providing public services.

Earlier, Argentine fiscal authorities estimated the unregistered income of digital asset owners at more than $1 billion and required citizens to make clarifications in their tax returns.