Argentina's National Securities Commission (CNV) has finalized regulations for virtual asset service providers (VASPs) under General Resolution No. 1058. Published on March 13, these rules outline conduct and custody requirements for cryptocurrency exchanges and other digital asset platforms. Key obligations include registration, cybersecurity measures, asset custody, anti-money laundering protocols, and risk disclosure. The regulations aim to enhance transparency, stability, and user protection within the crypto ecosystem. As part of compliance, VASPs must separate client and company funds, undergo annual audits, and report monthly to the CNV. Companies registered as VASPs must meet the new rules by specified deadlines in July, August, and September 2025, depending on their incorporation status. Failure to comply may result in revoked registrations and legal action against unregistered companies. This regulatory effort follows a year of increasing crypto adoption in Argentina, spurred by the depreciation of the Argentine peso, with local investors gravitating towards stablecoins. Overall, Argentina aims to provide a structured framework for crypto operations amid rising interest and investment in the sector.

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