Cryptocurrency companies denounce fiscal inequality in Argentina
The Argentine Chamber Fintech said that more than 2.5 million Argentines use each month regulated platforms of cryptocurrencies to pay, save or invest, warning that these companies face an unequal fiscal burden against other signatures, despite complying with the regulations of the National Securities Commission (CNV) and the Financial Information Unit (FIU).
In particular, they denounce that «Decree 796/2021 exempts the Debit and Credit Tax (IDC) to certain financial system actors, such as Banks Alycs [Agentes de Liquidación y Compensación] and other regulated actors, but excludes suppliers of virtual asset services (PSAV) that operate with cryptocurrencies «. This, in the opinion of the entity, generates a tax penalty for these platforms even though they already meet all the requirements established by law; That is, they value the regulation introduced in 2024 for the exchanges and the cryptoactive wallets, but argue that it has not yet been accompanied by a fiscal treatment chord. “
The camera warns that this situation implies greater fiscal burden for cryptoactive companies and reduce incentives to operate within the formal market. Therefore, it proposes to include these companies in the exemption regime of the Debit and Credit Tax (IDC), in addition to moving towards a more modern fiscal framework and adapted to digital currencies. From the entity they argue that, in a context where it seeks to promote the free competence of currencies – in line with the orientation of the Government of Javier Milei -, “maintaining this discrimination only for operating with virtual assets goes against the country model that is intended to be built.”
It was shown that the country can lead the regulation of the crypto industry. The next step, impossible, is to consolidate a fair and predictable fiscal scheme. If we manage to remove these barriers, Argentina may attract more investments, generate quality employment and promote innovation in key areas such as asset token, financial inclusion and operational efficiency.
Statement issued by the Fintech Argentine Chamber.
In a scenario of growing adoption and demands for greater fiscal equity, the ecosystem of cryptoactive in Argentina has been going through changes for several months. In March, cryptootics analyzed Resolution No. 1058/2025 of the National Securities Commission (CNV), which demands a stricter supervision of virtual asset services suppliers (PSAV). This regulation establishes clear rules and specific requirements to legally operate in the country – both for local legal persons such as foreigners who offer services such as exchange, custody or transfer of virtual assets – and its central axis is the mandatory registration in the PSAV registry.
It is worth noting that Argentina’s CNV has begun to look closely at international models which have already taken decisive steps towards clearer and more functional legislation for the sector. During the latest edition of Merge, the president of the entity, Roberto E. Silva, recognized the significant progress of El Salvador in the field of digital assets and described his approach as “a model worthy of considering and admiring.”
Observing international models such as El Salvador could well provide useful references for industry development in Argentina. In the case of the country governed by Nayib Bukele, a specific commission for the treatment of virtual assets was created, and incentives such as the exemption of taxes on Bitcoin profits for foreign investors were implemented, in addition to the elimination of taxes to technological companies for 15 years. These types of measures have the potential to promote innovation and guarantee a fairer tax treatment, in line with the objectives of a more competitive and formal market.
