According to Foresight News, Argentina's Lower House has recently passed a 'Comprehensive Bill' that introduces the legal possibility for previously undeclared cryptocurrency assets, up to a maximum of $100,000, without the need to pay government fees. However, if the value of the cryptocurrency assets exceeds $100,000, the government will apply a preferential rate based on the declaration date of the relevant taxpayer. This move is seen as a significant step towards the regulation and acceptance of cryptocurrency in the country.
Argentina's Lower House Passes Bill Allowing Legal Possibility For Undeclared Cryptocurrency Assets
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