Obtain a Crypto License in Argentina

The pro-crypto views in Argentina made the authorities implement extra measures in this area of interest. Opening a cryptocurrency company in Argentina is a process that can be supervised by our team of agents, who can also deal with obtaining a Virtual Asset Service Provider (VASP) license. We invite you to discover some information about this topic in the following lines.

Crypto registration conditions recently adopted in Argentina

Registration for a crypto license in Argentina benefited from extra measures, starting with March 2024. In this case, the government and the authorities wanted to align with the Anti-Money Laundering and Combatting the Financing of Terrorism legislation and new guidelines imposed. Thus, the improved legislation emphasizes the following:

• Registration of virtual assets service providers is mandatory with the National Securities Commission in Argentina.
• Cryptocurrency companies need to follow the Financial Action Task Force guidelines in Argentina and obtain approvals from the government. Practically, the crypto license in Argentina is obtained only after the relevant authorities give their consent in this regard.
• The Registry of Virtual Assets Service Providers in Argentina or VASP was created.
• The new changes to the legislation provide for the enforcement of anti-money laundering while combating the financing of terrorism through digital currency.

Obtaining a crypto license in Argentina requires attention from all points of view. That’s why we recommend you discuss all aspects with one of our local agents who can also help you with opening a company formation in Argentina if you want to start a cryptocurrency business.

How to start a cryptocurrency company in Argentina? 

Below you can find a general step-by-step guide about opening a cryptocurrency company in Argentina:

1. Plan your cryptocurrency business;
2. Form your cryptocurrency business into a legal entity;
3. For tax purposes, you must register your cryptocurrency business;
4. Establish a business bank account;
5. Get credit cards;
6. Create an accounting system for your cryptocurrency venture;
7. Get the permits and licenses you need for cryptocurrency business;
8. Get cryptocurrency business insurance;
9. Create a brand for your cryptocurrency company;
10. Make a website for your cryptocurrency business;
11. Get your business system up and running.

If you have further questions in this matter, it is advisable to consult with our company incorporation specialists. Our experts can tell you more about how to get a Virtual Asset Service Provider (VASP) license.

Who is eligible to buy cryptocurrency in Argentina?

If you plan to open a cryptocurrency company in Argentina, it means you have to deal with potential buyers who would be interested in those assets. Our company incorporation agents can provide you with a comprehensive list of requirements that are necessary to be fulfilled by the potential buyers. There are a few crucial things one should know before buying:

• Provide a passport, national identity card, or driver’s license;
• Public WIFI is not advised to be used during the procedure because it could cause security issues despite being a private and secure internet connection;
• A mobile device that uses two-factor authentication to confirm your identity (2FA) is required;
• A bank account or credit card that can be used to deposit fiat money before buying cryptocurrency is needed;
• A crypto wallet to deposit the money is mandatory;
• Nearly all exchanges will include built-in wallets, however, for maximum security, it is crucial to withdraw cryptocurrency to one’s private wallet. 

These are the requirements that must be fulfilled by a person who wishes to buy cryptocurrency. Furthermore, you are also welcome to get in touch with our agents if you want to obtain a crypto license in Argentina.  They will not only provide you with information about a license but also practically assist you in getting one. Besides cryptocurrency, if you are planning to open a company in Argentina, for instance; LLC, you can get a consultation.

Law updates on cryptocurrency in Argentina

CNV General Resolution No. 994 (March 2024), expanded into a full regulatory regime by General Resolution No. 1058 (March 2025), refers to mandatory registration for Virtual Asset Service Provider (VASP) license in Argentina. These are some of the requirements:

• Using a “.ar” domain is one of the criteria that brings a foreign provider within the registration obligation,
• The registration for Virtual Asset Service Provider (VASP) license in Argentina is compulsory if generating more than 20% of total income in Argentina from crypto activities.
• The license is required for commercial contracts with affiliates if local receipt of funds or assets from Argentine residents is issued.
• Transferring virtual assets cannot be done without having a Virtual Asset Service Provider (VASP) license in Argentina first.
• All services linked to the offering/sale of virtual currency can be developed only if a cryptocurrency license in Argentina is issued in the first place.

More about the Virtual Asset Service Provider (VASP) license in Argentina can be provided by one of our local agents.

Amnesty Law in Argentina and various tax benefits

Argentina continues to improve the legislation regarding financial activities, including the taxation of companies active in the cryptocurrency sector. In June 2024, Law No. 27,743 was approved. This law refers to tax amnesty for varied types of assets, including cryptocurrency. This law targets Argentinians who own local and international assets without these being declared. This category of assets includes:

• cash,
• movable properties,
• real estate,
• bonds,
• stocks,
• crypto assets.

In line with its goals, the above-mentioned law excludes crypto assets held outside Argentina from the amnesty scheme. In this case, local crypto assets are taken into account, only if there is a Virtual Asset Service Provider (VASP) license in Argentina. In fact, the Amnesty Law proposes to rate crypto assets based on the acquisition date or the regularization date, depending on which value is higher. The same law focuses more on the following aspects:

• emphasizing user protection,
• fortification of public savings,
• personal data protection,
• information safety,
• operational security and proficiency,
• constancy,
• transparency,
• appropriate corporate governance,
• protection of public savings,
• anti-money laundering practices, etc.

Moreover, the legislation can be explained in detail to those interested in obtaining a crypto license in Argentina before developing such activities. We invite you to contact us and learn more about this topic and about opening a company in Argentina in this business sector.

Statistics about cryptocurrency in Argentina

If you want to set up a company in Argentina in the field of digital currency, you might be interested in the following aspects:

• 15 is the Crypto Adoption Index Ranking for Argentina.
• Revenues of around USD 728 million in 2024 in the cryptocurrency market are estimated.

In addition to support for obtaining a crypto license in Argentina, our local agents can also help you in other endeavors. For example, we can assist local and foreign entrepreneurs in company incorporation in Argentina. Contact us for more information and personalized offers if you want to start a company in Argentina.