The President of Argentina proposed in a draft bill that citizens declaring domestic and foreign cryptocurrency assets could benefit from a lower tax rate

ChainCatcher news, according to CoinDesk, Argentina's newly elected president Javier Milei has proposed a bill that allows Argentinians to declare their domestic and foreign cryptocurrency assets to benefit from favorable tax rates and legalize these assets in the country, regardless of their origin or holding location. The asset regularization plan is part of a proposed broad economic and political reform.