Argentina under the leadership of Javier Milei has proposed a law to legalize crypto assets such as XRP and Ethereum. The bill allows individuals who own crypto but have not reported their holdings to resolve their situation with tax authorities.

It also includes various digital assets, including NFTs. Residents who report their ownership before March 31 2024 will be subject to a tax rate of 5%, while the tax rate will increase to 15% after November 30.