Argentina is updating its regulatory framework to include more controls on financial operations related to cryptocurrencies.
As a result, Argentina’s tax authority, AFIP, is demanding monthly reports on client data from crypto exchanges in the country, with the release of Form 8126.
The regulation targets payment processors and non-bank entities that offer some financial services, including crypto exchanges. The mandated disclosure is extensive and includes a complete list of users, the movement of funds, and the available balances at the end of the month.
Argentina Is Starting to Think About a Digital Peso
The formalization of this document comes after an initiative from the Central Bank of Argentina requiring all banking institutions domiciled in the country to provide personal information of clients known to have dealt with cryptocurrencies.
The Central Bank in April demanded any information that would identify customers who held crypto asset accounts or were engaged in the purchase
Źródło: https://decrypt.co/71007/argentina-orders-crypto-exchanges-give-monthly-reports-users
