Argentina’s Ministry of Economy, the country’s economic policy manager, has drafted a bill to encourage Argentines to declare their cryptocurrency holdings with the inducement of discounted tax rates. Aimed at combating money laundering, the “Externalization of Argentine Savings” draft law was introduced by economy minister Sergio Massa according to a Jan. 6 report by local outlet Errepar. The bill would require crypto holders to produce an affidavit — a sworn statement identifying the whereabouts of their holdings to the government. (Cointelegraph)
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