Argentina Joins Global Network to Share Crypto Transaction Data

Argentina has agreed to implement the Crypto Asset Reporting Framework (CARF) by 2029, joining 77 jurisdictions in sharing user transaction data globally.

The framework, set by the Organization for Economic Co-operation and Development (OECD), aims to curb tax evasion linked to cryptoassets in transactions involving virtual asset service providers registered abroad.

Argentina must enact internal laws to collect data by 2028, equipping regulators with tools to combat global tax evasion. Exchanges will report user IDs and transaction data, including digital asset exchanges, payments made with digital assets, and transactions made from and to external addresses.