Argentina’s recent move is impressive: they directly exempt crypto service providers from lending taxes, so compliant users no longer have to be repeatedly “cut” (exploited).

Crypto World News reports that the Argentine government has issued Decree No. 475/2026, expanding the scope of the bank loan tax (impuesto al cheque) exemption. Virtual asset service providers (PSAV) registered with the Argentine National Securities Commission (CNV) and their accounts dedicated to crypto asset business will receive tax exemptions. The decree also repeals the exception provisions for crypto asset transactions established in 2021, allowing eligible entities to enjoy relevant tax reductions when buying and selling cryptocurrencies.