Argentina’s finance ministry is set to launch a draft bill that would essentially force citizens to declare their crypto holdings – or risk paying hefty tax penalties.
Per Errepar, the bill has been spearheaded by Sergio Massa, the Minister for the Economy. The draft law aims to tighten the country’s money laundering rules. It will be tabled in the upcoming parliamentary session, where the ruling Frente de Todos coalition has a slender majority….
Read More: Argentina Wants Citizens to Declare Their Crypto Holdings