Argentina’s AFIP wants to regulate cryptocurrencies to avoid tax evasion

Argentina has advanced so far this year with different mechanisms that allow the collecting entity to extend its influence towards new forms of money.

RIO DE JANEIRO, BRAZIL - The Argentine government put its foot on the accelerator when it comes to regulating crypto assets. This week, the head of the Federal Public Revenue Agency (AFIP), Mercedes Marcó del Pont, assured that "it is necessary to include electronic money, digital currencies and cryptocurrency assets in international information exchange mechanisms." The argument of the Argentine government is to try to prevent them from being used as instruments of tax evasion and money laundering.

AFIP confirmed to be working with proposals that seek the instrumentation of global reports of crypto assets and modifications to the OECD's . . .

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