Argentina has formally committed to implementing the OECD's Crypto-Asset Reporting Framework (CARF) by September 2029, joining 76 other jurisdictions. Under CARF, crypto exchanges and brokers must collect and share customer identification and transaction data. This commitment follows Argentina's domestic efforts, including a 2024 mandatory registry for virtual asset service providers, as the country seeks to address tax evasion in a market where stablecoins dominate 94% of transaction volume.
Argentina CARF commitment
- ▪Argentina became the 77th jurisdiction to formally commit to the Crypto-Asset Reporting Framework (CARF) after being listed by the OECD in November 2025 as a relevant jurisdiction without a formal commitment.
- ▪Argentina formally committed to implementing the OECD's Crypto-Asset Reporting Framework (CARF) and starting the automatic exchange of crypto transaction data by September 2029.
- ▪Argentina's commitment to the Crypto-Asset Reporting Framework (CARF) was announced by the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes on September 14, 2026.
OECD crypto tax reporting framework
- ▪The Crypto-Asset Reporting Framework (CARF) was developed by the OECD and G20 countries in 2022 to extend cross-border tax information exchanges to crypto assets.
- ▪The Global Forum on Transparency and Exchange of Information for Tax Purposes will monitor Argentina's progress toward the September 2029 CARF deadline and provide implementation support.
- ▪The Crypto-Asset Reporting Framework (CARF) does not create a new crypto tax, and tax liabilities remain governed by the domestic laws of each participating jurisdiction.
Crypto exchange reporting requirements
- ▪Under the Crypto-Asset Reporting Framework (CARF), covered crypto-asset service providers, including centralized exchanges and brokers, must collect customer identification and transaction data.
- ▪Transactions involving self-custody wallets are only reported under the Crypto-Asset Reporting Framework (CARF) when funds move through a covered service provider like an exchange.
- ▪The data collected under the Crypto-Asset Reporting Framework (CARF) includes a customer's name, address, tax residence jurisdiction, tax identification number, and transaction details like purchases, sales, and transfers.
Argentina crypto regulation
- ▪In June 2026, crypto exchange Bitget secured Virtual Asset Service Provider registration with Argentina's National Securities Commission.
- ▪Argentina introduced a mandatory registry for virtual asset service providers in 2024, requiring local and foreign crypto businesses to register with the National Securities Commission.
- ▪Stablecoins accounted for 94% of peso-denominated crypto volume in Argentina as of September 2026, with an estimated one in five Argentines using cryptocurrency.
Global CARF implementation timeline
- ▪A Chainalysis analysis found that transactions within the reach of international reporting systems represented only 14% of an estimated $457 billion in taxable onchain activity in 2025.
- ▪South Africa's first Crypto-Asset Reporting Framework (CARF) reporting period runs from March 1, 2026, through February 28, 2027.
- ▪Data collection under the Crypto-Asset Reporting Framework (CARF) began on January 1, 2026, across 48 jurisdictions, including the United Kingdom and European Union countries, with first exchanges planned for 2027.
Debatable claims
- ▪The OECD's crypto reporting framework will fail to curb tax evasion
- ▪Argentina should implement the OECD's crypto tax reporting framework
Story comments
Loading comments…