Odaily Planet Daily News PANews July 19 news, the Argentine government reportedly signed a fiscal plan this week that includes a tax amnesty for individuals who declare $100,000 (including registered crypto assets). Roberto Silva, chairman of the Argentine National Securities Commission, said the amnesty could ease the pressure on the Financial Action Task Force (FATF). According to an analysis report from the International Monetary Fund (IMF), the FATF threatened to put Argentina on the gray list, a move that would strengthen monitoring of the country and could stifle foreign direct investment, raise international interest rates, and potentially lead to a decline in GDP. Silva said that the registration of crypto assets is the first step in regulation. He hinted that the rules may follow those implemented by the United States. Experts say the move could help Argentina regulate its cryptocurrency market. In May and June of this year, Argentina stepped up its crackdown on cryptocurrency-related crimes. The prosecutor's office conducted 64 raids at the same time, arresting 20 domestic and 10 international criminals related to smuggling, money laundering and illegal gambling. Argentina's leaders will meet with the FATF in Paris in October as the task force continues to assess Argentina's money laundering and terrorism financing risks. [Reuters]