Argentina's Regulatory Authority Officially Approves Virtual Asset Regulation

Source
JH Kim

Summary

  • Argentina's National Securities Commission has officially approved regulations for Virtual Asset Service Providers.
  • The regulations include registration, cybersecurity, custody, anti-money laundering, and risk disclosure obligations for VASPs.
  • CNV stated that the goal of these regulations is to ensure transparency, stability, and user protection in the virtual asset industry.

Argentina's National Securities Commission (CNV) has officially approved regulations for Virtual Asset Service Providers (VASPs).

According to cryptocurrency specialist media Cointelegraph on the 15th (local time), CNV officially approved Resolution No. 1058, which establishes regulatory rules for VASPs.

The regulations include registration, cybersecurity, custody, anti-money laundering, and risk disclosure obligations for VASPs.

CNV stated that the goal of these regulations is to ensure transparency, stability, and user protection in the virtual asset industry.

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JH Kim

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