Argentina crypto restrictions: What's banned, what's allowed, and how it affects traders

When it comes to Argentina crypto restrictions, the government’s approach to digital assets is a mix of heavy control and quiet tolerance. Also known as crypto regulation in Argentina, these rules don’t outright ban cryptocurrency—but they make it incredibly hard to use legally. Unlike countries that embrace crypto as payment or investment, Argentina treats it like a financial risk that needs to be contained, not encouraged.

Most Argentinians still buy and trade crypto, mostly because of hyperinflation and a weak peso. But the central bank and tax authority (AFIP) have layered rules that block easy access. For example, banks can’t process crypto purchases directly, so people use peer-to-peer platforms or foreign exchanges—often risking their funds on unregulated apps. The crypto taxes Argentina, a 30% capital gains tax on crypto profits. Also known as crypto income tax Argentina, it applies even if you trade one coin for another—no profit needed. And if you don’t report it? You could face fines or asset freezes. Meanwhile, the cryptocurrency regulation Argentina, is enforced through banking restrictions and mandatory KYC on all local crypto platforms. Also known as crypto compliance Argentina, it means even if you’re just swapping USDT for BTC, you’re giving your ID to a government-monitored system. There’s no official crypto exchange licensed by the government, so every platform operating locally is technically outside the law.

What’s worse? The rules change fast. One month, you can use a P2P app like Paxful without trouble. The next, your bank blocks all transactions linked to crypto wallets. Some traders have had their savings seized because they used a non-approved platform. Others lost access to their funds after local exchanges shut down overnight. There’s no safety net. And while the public keeps using crypto—over 30% of adults have bought it—the government keeps tightening the screws.

Below, you’ll find real breakdowns of crypto platforms, scams, and regulatory traps that Argentinians face daily. Some posts expose dead exchanges that vanished after local crackdowns. Others show how people are using privacy tools to stay under the radar. You’ll see what happens when a token gets flagged, how tax reporting works in practice, and which platforms still work—barely—despite the restrictions. This isn’t theory. It’s what’s happening right now, on the ground, in Buenos Aires, Córdoba, and Mendoza.