Milei executive order exempts registered crypto exchanges from Argentina’s 1.2% “cheque” tax

President Javier Milei’s administration issued an executive order granting tax exemptions to registered virtual asset service providers (VASPs) in Argentina from a 1.2% levy on money flows. The change means users will no longer bear that surcharge when depositing or withdrawing fiat funds through VASPs. The move is intended to put regulated crypto exchanges on a more equal footing with traditional financial institutions.