🇦🇷 Javier Milei excludes crypto taxes in Argentina's reform

https://decrypt.co/215122/argentina-president-javier-milei-drops-crypto-tax-plan

🔹 He has decided not to tax cryptocurrencies in the "Ley Ómnibus" reform, aiming for faster economic growth. Interior Minister Guillermo Francos emphasizes that this decision is intentional, underscoring the importance of efficiency in the legislative process.

https://www.iproup.com/economia-digital/45568-no-hay-blanqueo-cripto-que-impuestos-pagan-en-argentina-el-bitcoin-y-monedas-digitales

💡 Key takeaways:

▫️Strategic Shift: Milei strategically removes crypto taxes to expedite broader reforms, prioritizing economic development.

▫️Tax Nuances: Buying crypto remains tax-free; however, profits from substantial sales now face taxation.

▫️Expert Insights: Marcos Zocaro clarifies the details—crypto purchase unaffected, profits subject to taxation with a specified threshold exemption.