BTC $66,367.00 (-1.04%)
ETH $1,924.69 (-2.53%)
XRP $1.39 (-4.63%)
BNB $600.34 (-2.48%)
SOL $80.45 (-2.16%)
TRX $0.28 (+0.81%)
DOGE $0.10 (-3.23%)
BCH $550.85 (-1.47%)
ADA $0.27 (-3.96%)
LEO $8.69 (+1.94%)
HYPE $28.44 (-2.07%)
XMR $329.79 (-2.21%)
LINK $8.44 (-3.45%)
CC $0.16 (-5.78%)
XLM $0.16 (-4.23%)
RAIN $0.01 (-0.88%)
ZEC $260.13 (-7.52%)
HBAR $0.10 (-3.83%)
LTC $51.91 (-4.28%)
AVAX $8.83 (-2.17%)

Argentina vs Kazakhstan

Crypto regulation comparison

← Back to map | Argentina | Kazakhstan
Argentina

Argentina

Kazakhstan

Kazakhstan

Legal
Legal

Cryptocurrency is legal in Argentina and widely adopted due to persistent inflation and currency controls. The CNV regulates crypto service providers under a 2024 registration framework. Argentina has one of the highest crypto adoption rates globally, with stablecoins used as a hedge against peso devaluation.

Kazakhstan has a dual approach to crypto regulation. The Astana International Financial Centre (AIFC) operates as a regulated sandbox where licensed crypto exchanges can operate under AFSA supervision. Outside the AIFC, crypto regulation is more restrictive. Kazakhstan became a major mining hub after China's ban but has since tightened mining regulations.

Tax Type Income
Tax Type Capital gains
Tax Rate 5% (peso-denominated) / 15% (foreign currency)
Tax Rate 10%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CNV (Comisión Nacional de Valores), BCRA
Regulator AFSA (Astana Financial Services Authority), NBK (National Bank of Kazakhstan)
Stablecoin Rules No specific stablecoin regulation; USD-pegged stablecoins widely used informally
Stablecoin Rules AIFC (Astana International Financial Centre) has its own framework for digital assets including stablecoins
Key Points
  • CNV registered as the regulatory authority for virtual asset service providers (VASPs) under FATF guidelines
  • Crypto gains taxed as income under the income tax law at progressive rates
  • High adoption driven by inflation and capital controls on the Argentine peso
  • Exchanges must register with the CNV and comply with AML/KYC requirements
  • No legal tender status for crypto; the peso remains the only legal tender
Key Points
  • AIFC provides a regulatory sandbox for licensed crypto exchanges and businesses
  • Mining is legal and licensed, with a specific tax on electricity consumption for miners
  • Kazakhstan became the world's second-largest Bitcoin mining country after China's 2021 ban
  • 2022 mining crackdown introduced stricter licensing and energy consumption taxes
  • Outside AIFC, domestic crypto payments and exchanges face greater restrictions
Sources
Sources