Argentina’s cryptocurrency adoption has surged, leading to a revenue of $706.1 million in 2025. Directly fueled by inflation and currency depreciation. Citizens use digital assets like Bitcoin to preserve wealth and transact. Understanding tax rules is vital for compliance. The Federal Tax Authority (AFIP) is the appointed regulator that oversees crypto taxation. This guide outlines the tax framework and compliance requirements as of April 2025, reflecting Argentina’s shifting fiscal policies.

In Argentina, the cryptocurrency market falls under the Administración Federal de Ingresos Públicos (AFIP). In a recent policy under Ruling 2/2022, the AFIP updated its policy, where cryptocurrency will be considered as digital assets. It’s a subject to taxation that needs to follow the framework of the Personal Property Tax. The 2024 “Law of Foundations and Initial Measures for Argentinian Liberty” also applies. Crypto is treated as intangible property, not legal tender. Holding crypto is untaxed, but profits or income from transactions are taxable, aligning with fiscal modernization efforts.

In 2025, AFIP mandates reporting crypto in annual tax returns via Personal Property Tax filings, including wallet details and December 31 values. Record-keeping of trades is required. The deadline is typically June 30, with fines for late submissions. Exchanges don’t withhold taxes, so taxpayers must calculate and report accurately.

In 2025, Argentina allows crypto trade losses to offset same-year gains, not other income. Business expenses (e.g., mining costs) may be deductible for registered traders. Holding crypto is tax-free, but no broad exemptions apply. The 2024 early declaration offered a 5% rate, now expired. Taxpayers should seek expert advice to optimize deductions.

AFIP monitors crypto via KYC data, blockchain analytics, and international cooperation. In 2025, it intensified enforcement, inspecting mining operations and financial records. Non-compliance incurs penalties of 25% of unpaid tax plus interest; evasion may lead to 100% fines or up to seven years’ imprisonment. Errors can trigger audits, requiring detailed records. Enhanced tech makes evasion difficult, emphasizing compliance.

In 2025, President Milei’s pro-Bitcoin stance may lower taxes or incentivize blockchain firms. AFIP seeks stricter reporting to prevent evasion. With inflation boosting crypto use, Argentina could balance revenue and innovation, potentially becoming a crypto hub if regulations soften.

In 2025, Argentina taxes crypto via CGT, income, and property taxes under AFIP oversight. Taxpayers must report transactions and keep records to avoid penalties, intensified by stronger enforcement. Consulting professionals is advised due to the complexity. Compliance enables responsible crypto use, supporting fiscal stability while reducing risks.

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