Taking advantage of the visit of a commission of the Financial Action Task Force (FATF), the Argentine Chamber of Fintech launched a regulatory proposal to exempt bitcoin and cryptocurrency users, as well as companies in the sector, from some taxes and taxes.


In a statement, the organization indicated that the tax proposal seeks to help the Argentine State "give incentives and predictability" to both cryptocurrency users and virtual asset service providers (PSAVs).
PSAVs include crypto exchanges, wallet providers, payment gateways, and other platforms related to bitcoin and crypto assets.
As explained, this proposal seeks to be a sort of "flip side" for the imminent regulation that will come by legislative means or by presidential decree. This entails the creation of a registry for PSAV and the obligation for these companies to be authorized and licensed to operate on Argentine soil.
All of the above, in accordance with the recommendations of the FATF, whose mission will be in Argentina until March 26. By that date, the regulation for the cryptocurrency ecosystem should already be in place, otherwise the country risks entering the FATF grey list.
GAFI-0.18%
BTC-1.2%
POR-0.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)