BTC $67,830.00 (-0.04%)
ETH $1,962.94 (+0.21%)
XRP $1.43 (+0.74%)
BNB $627.35 (+2.40%)
SOL $84.44 (+1.25%)
TRX $0.28 (+0.41%)
DOGE $0.10 (+0.66%)
BCH $567.27 (+1.01%)
ADA $0.28 (+3.18%)
LEO $8.68 (+0.29%)
HYPE $30.26 (+2.82%)
LINK $8.90 (+2.96%)
XMR $331.06 (-0.65%)
CC $0.16 (+1.71%)
XLM $0.16 (+0.90%)
RAIN $0.01 (-1.43%)
ZEC $261.98 (-1.36%)
HBAR $0.10 (+1.46%)
LTC $55.17 (+3.13%)
AVAX $9.19 (+2.32%)

Argentina vs Russia

Crypto regulation comparison

← Back to map | Argentina | Russia
Argentina

Argentina

Russia

Russia

Legal
Partially Regulated

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.

Russia's crypto regulation is complex and evolving. The 2021 'On Digital Financial Assets' law recognizes crypto as property but bans its use as a means of payment. Mining was legalized and regulated in 2024 under a new mining law. Crypto is taxed as income at 13-15%. The CBR pushed for a total ban on crypto trading but was overruled by the government, which favors regulation. International sanctions have complicated Russia's crypto landscape.

Tax Type Income
Tax Type Income
Tax Rate 5% (peso-denominated) / 15% (foreign currency)
Tax Rate 13-15%
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator CNV (Comisión Nacional de Valores), BCRA
Regulator CBR (Central Bank of Russia), Ministry of Finance
Stablecoin Rules No specific stablecoin regulation; USD-pegged stablecoins widely used informally
Stablecoin Rules Crypto payments banned; digital ruble CBDC introduced
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
  • Digital Financial Assets law (2021) recognizes crypto as property but bans use as payment
  • Crypto mining officially legalized and regulated under 2024 mining legislation
  • Crypto income taxed at 13% (up to RUB 5M) or 15% (above RUB 5M)
  • Domestic crypto exchanges not legally operating; P2P trading widespread. CBR framework Dec 2025 targeting July 2026.
  • International sanctions have increased interest in crypto for cross-border transfers
Sources
Sources