Argentina to Share Crypto Transaction Data Across 77 Jurisdictions by 2029

Argentina has committed to implementing the Crypto-Asset Reporting Framework (CARF) developed by the OECD, aiming to automatically exchange crypto transaction data with 77 other jurisdictions by 2029. Under this framework, virtual asset service providers will be required to report user identity information, as well as data on crypto-to-fiat trades, digital asset exchanges, payments, and transfers between external addresses. Argentina is tasked with establishing domestic regulations by 2028 to define data collection requirements and reporting rules for tax authorities, with the goal of aligning crypto reporting standards with fiat transactions to curb cross-border tax evasion.