Introduction

The argentina governments has decided to put in the jail 40 people that was working in illegal operation of cryptocurrency mining.

In this article, you will understand more about Argentina regulations regarding Bitcoin/cryptocurrencies/tokens.

What's happening?

AFPIP located a shed allegedly used for the activity ''with a large number of video cards along with racks and supplies necessary for their connection'', he told the agency, adding that it had seized ''significant amounts of cash, and cryptocurrency mining equipment.''

In September, AFIP began inspecting and controlling the cryptocurrency industry for the first time, making inroads across the country in search of miners of unregistered digital assets.