BTC $67,831.00 (+1.06%)
ETH $1,957.26 (-1.26%)
XRP $1.42 (-0.48%)
BNB $611.71 (-0.24%)
SOL $83.57 (+1.48%)
TRX $0.28 (+1.15%)
DOGE $0.10 (+0.49%)
BCH $563.21 (+0.23%)
ADA $0.27 (-0.58%)
LEO $8.60 (-0.53%)
HYPE $29.32 (+1.97%)
XMR $333.85 (+1.63%)
LINK $8.63 (-1.03%)
CC $0.16 (-2.39%)
XLM $0.16 (+0.16%)
RAIN $0.01 (+2.99%)
ZEC $264.93 (+0.71%)
HBAR $0.10 (-0.41%)
LTC $53.41 (+0.32%)
AVAX $9.06 (+1.72%)

Argentina vs Zimbabwe

Crypto regulation comparison

← Back to map | Argentina | Zimbabwe
Argentina

Argentina

Zimbabwe

Zimbabwe

Legal
Restricted

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.

Zimbabwe has restricted cryptocurrency through its central bank. The RBZ banned financial institutions from processing crypto transactions in 2018. However, in a unique move, the RBZ issued gold-backed digital tokens (ZiG tokens) in 2023 as a store of value. Zimbabwe has a history of currency instability (hyperinflation, currency collapses) which drives informal crypto adoption for hedging and remittances.

Tax Type Income
Tax Type None
Tax Rate 5% (peso-denominated) / 15% (foreign currency)
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator CNV (Comisión Nacional de Valores), BCRA
Regulator RBZ (Reserve Bank of Zimbabwe)
Stablecoin Rules No specific stablecoin regulation; USD-pegged stablecoins widely used informally
Stablecoin Rules No private stablecoin regulation; RBZ introduced gold-backed ZiG digital token as state currency
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
  • RBZ banned banks and financial institutions from servicing crypto in 2018
  • RBZ issued gold-backed digital tokens (ZiG) in 2023 as a CBDC-like instrument
  • No licensing framework for crypto exchanges
  • Informal crypto adoption driven by currency instability and remittance needs
  • Crypto ownership itself is not explicitly criminalized for individuals
Sources
Sources