Argentina to require crypto platforms to report user data to local tax authority

Argentina’s tax authority just handed crypto platforms a new set of homework assignments. ARCA, the country’s federal revenue agency, issued General Resolution 5804/2025 on December 23, 2025, requiring digital platforms and payment service providers to submit detailed monthly reports on their users, including virtual asset balances, tax identification numbers, and transaction data. The regulation takes effect immediately, with the meatiest reporting obligations kicking in starting May 2026. Argentina has also signed onto the OECD’s Crypto-Asset Reporting Framework (CARF), signaling it intends to share that data across borders by 2027. What the new rules actually require Resolution 5804/2025 expands on earlier regulations from General Resolution 4614, which has been in place since 2019. The updated framework demands monthly reports containing user account details: participant roles, nationalities, tax IDs, and virtual asset balances. Reporting thresholds are pegged at ARS 50 million for individuals and ARS 30 million for legal entities, based on monthly transaction volumes or asset holdings. The platforms on the hook include Binance, Bybit, and Coinbase, alongside major Argentine-na...