Is Argentina Embracing Crypto and Tax Reform Under Milei's Leadership? 🇦🇷

The new #Argentine government led by Javier Milei introduced the Law of Bases and Starting Points for the Freedom of Argentines, proposing reforms affecting tax, labor, and other sectors.

The bill allows the legalization of crypto holdings without extensive documentation, imposing a flat tax of 5% to 15% based on declaration timing. Milei, known for his libertarian stance, aims to ease #crypto integration amid rising inflation.

Earlier decrees hinted at using cryptocurrencies in the country, addressing economic reforms and #debt payments in non-legal tender currencies, though Milei has yet to discuss digital assets publicly since taking office.

#Binance

#crypto2023