Argentina's Crypto Regulations Explained (2025)

As of mid-2025, Argentina is actively strengthening its cryptocurrency regulatory framework with a particular focus on anti-money laundering (AML) and counter-financing of terrorism (CFT) measures. The country requires crypto exchanges and VASPs (Virtual Asset Service Providers) to comply with robust AML/CFT rules.

Key Measures for AML/CFT Compliance in Argentina

Mandatory KYC and beneficial ownership verification for all crypto customers: VASPs in Argentina must collect detailed personal information about account holders, including their name, account number, physical address, and other relevant details.
Use of blockchain analytics tools to detect links to sanctioned or high-risk entities: VASPs are required to use technology to monitor transactions and identify any links to individuals or entities that are under sanctions or pose a high risk.
Reporting of suspicious crypto transactions per UIF (Unidad de Información Financiera) guidelines: VASPs must report any transactions that seem suspicious to the UIF.
Enhanced due diligence on high-risk or unusually large transactions: VASPs must conduct additional checks on transactions that are large or appear to be high risk.
Cooperation with authorities to freeze crypto wallets associated with terrorism or other crimes: VASPs must work with authorities to freeze wallets that are linked to terrorism or other criminal activities.

The Travel Rule in Argentina

Regarding the Travel Rule—a FATF (Financial Action Task Force) standard requiring originator and beneficiary information to be shared for certain crypto transfers—Argentina is still in the process of developing clear regulatory instructions. While UIF Resolution 49/2024 mandates data exchange in line with the Travel Rule, comprehensive technical guidance and fully enforceable regulations are not yet finalized, leaving implementation incomplete.

Taxation on Cryptocurrency Profits in Argentina

Argentina's Federal Administration of Public Revenues (AFIP) enforces taxation on cryptocurrency profits at a 15% rate, requiring detailed transaction reporting in tax returns, illustrating a broader effort to integrate crypto activities into the legal and fiscal system.

Declaring Cryptocurrency Assets in Argentina

The final deadline for submitting a sworn declaration of assets, including virtual assets, under Argentina's blanqueo program is May 30, 2025. Failure to comply with Argentina's new regulations can lead to severe penalties, including fines, legal action, and revocation of licenses. Argentina's blanqueo asset regularization program gives individuals and businesses the opportunity to declare previously undisclosed assets, including crypto assets.

Crypto Adoption in Argentina

Argentina is the leading country in Latin America for crypto adoption, with individuals and businesses alike allowed to buy, sell, hold, and offer crypto services. Contracts in Argentina can be settled with crypto assets like Bitcoin. Argentina's unique economic landscape puts it in an exciting position of innovation that could see crypto used in novel ways, potentially leading to more growth in the country's crypto industry and the application of blockchain technologies in public services.

However, non-compliance with the blanqueo program could lead to fines or legal penalties. Additionally, non-compliance with Argentina's crypto regulations can lead to severe penalties, including fines, legal action, and revocation of licenses. Argentina's regulations could also pose challenges in terms of costs, maintaining trust, and potential encouragement for some users to avoid VASPs.

For more information on the latest industry data, rising fraud threats, and evolving regulations, along with expert recommendations to guide your strategy, read the Crypto Report 2025. Sumsub offers a Travel Rule compliance solution for crypto businesses in Argentina. Argentina is in the process of implementing the Travel Rule, and formal technical guidance is expected but not yet established.

The Federal Administration of Public Revenues (AFIP) in Argentina enforces a 15% taxation on cryptocurrency profits and requires detailed transaction reporting in tax returns, demonstrating the integration of crypto activities into the legal and fiscal system.
Compliance with Argentina's blanqueo asset regularization program is essential to avoid severe penalties such as fines, legal action, and revocation of licenses, especially with the deadline for submitting a sworn declaration of assets approaching on May 30, 2025.