Buenos Aires has launched an initiative allowing residents to pay taxes and fees using Dogecoin, as part of the Buenos Aires Cripto plan. This move aims to modernize the tax system and attract foreign investors by simplifying regulations. Jorge Macri, the city's chief of government, highlighted the initiative's goal to reduce bureaucracy and improve business conditions. Despite criticism from economist Saifedean Ammous, who called Argentina's economic strategy unsustainable due to high bond yields and currency devaluation, the integration of Dogecoin into the city's payment system underscores its expanding utility beyond mere speculation.