Argentina’s House of Representatives Passes Bill to Regularize Cryptocurrency Taxation

The Argentine Chamber of Deputies has passed a cryptocurrency tax normalization bill aimed at promoting a series of important government reforms. The bill introduces the possibility of regularizing previously undeclared cryptocurrency assets, up to a maximum of $100,000, without paying government levies. However, if the value of the cryptocurrency assets exceeds this limit, the government will apply preferential tax rates based on the taxpayer's declaration date.