🇦🇷 The Argentine crypto industry is in a tough spot! A 1.2% "debit and credit tax" on crypto transactions, established in 2001, is putting local exchanges and wallet providers at a disadvantage against traditional banks and global giants.

In 2021, they managed to reduce it to 0.075%, but now reports suggest the full tax might return, threatening the very existence of local operations.

President Milei was poised to fix this issue, aligning with his anti-tax stance, but plans were scrapped amid controversy.

The Argentine Fintech Chamber is calling for the tax's elimination, emphasizing the need for fair competition in the crypto space. Will the government step in to save the industry? Let us know your thoughts!