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Argentina’s Tax Authority Orders Crypto Exchanges to File Information on Transactions: Report
Crypto adoption has been healthy in Argentina, with citizens seeking alternative ways of storing wealth amid the country’s economic woes.
Updated Sep 14, 2021, 12:55 p.m. Published May 14, 2021, 11:12 a.m.
Argentina’s tax authority has ordered crypto exchanges to file transaction data on their customers in monthly reports.
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- The exchanges must list all accounts and identify clients, as well as income, expenses and monthly balance of accounts held, Argentinian newspaper Bae Negocios reported.
- The information will have to be filed for each month by the 15th of the following month.
- Crypto adoption has been healthy in Argentina: Ripio, one of the country’s largest exchanges, ended 2020 with over a million users after starting the year with 400,000.
- The country’s economic woes, stemming from debt, inflation and COVID-19, have driven its citizens to seek alternative ways to store wealth.
See also: Crypto Is Not Regulated in Turkey, and It’s Thriving
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What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
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