IGJ Approves LLC Formed with Cryptocurrency Capital

The team at Allende Brea has successfully registered the first company with capital integrated by cryptocurrencies (BTC and USDC) in Argentina and Latin America. We highlight the joint efforts of the corporate and fintech teams at Allende Brea, with notable contributions from Pablo A. Palazzi, Maria Rosa Villegas Arevalo, Gonzalo Gandara, and Francisco da Silva Esteves.   It is very positive for Argentina to have an IGJ with advisors and authorities who are up to date with current technological developments and facilitate their use through innovative regulations that are pioneering in Latin America and the world.   Thanks to the unconditional support of Lemon (Juan Pablo Fridenberg and Delfina Hermanson) and Ripio (Lucrecia Caride, Santiago Franzini, and Guido Messi) for preparing the valuation certificates for contributions in kind (cryptocurrencies), and for explaining the operation of their exchanges and crypto wallets; to notary Emilio Merovich for notarizing the capital contributions from personal wallets to the company’s wallets, and to accountant Carlos Benard for the accounting certifications.