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Buenos Aires Opens Crypto Payments for City Taxes and Fees

The package seeks to attract crypto firms through new classifications, relief from certain bank withholdings, with a proposed tax‑base change still pending.

Overview

  • Residents and businesses can now pay ABL, Patentes, Ingresos Brutos filings, driver’s licenses and traffic fines in cryptocurrency via QR codes.
  • The city updated its economic activity register to add a category for crypto trading and to formally recognize virtual asset service providers (PSAVs).
  • Identifying PSAVs enables their exclusion from certain bank collection and withholding regimes tied to Ingresos Brutos, easing working‑capital pressures.
  • Authorities proposed taxing only the price difference on crypto buy‑sell operations for Ingresos Brutos instead of the full transaction amount, a change not yet in effect.
  • Payments currently work with a subset of wallets, with a city‑run aggregator in development to allow direct payments from any wallet; industry leaders attended the launch and urged city support on national tax issues.