Argentina Drafts New Cryptocurrency Regulations to Regulate VASP Operations
Argentina is innovating its cryptocurrency framework. The Argentine Securities Regulatory Commission (CNV) recently announced public consultation on a draft to regulate the operations of virtual asset service providers (VASPs) in the country, imposing new compliance requirements on these institutions. If Resolution 1025 is approved, it will force cryptocurrency companies to disclose agreements with third parties and customers. In addition, it also seeks to prevent money laundering and terrorism financing by establishing policies and cybersecurity standards. This framework is a follow-up action to the VASP registration launched earlier this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CME Group clarifies no official decision made on XRP, Solana futures contracts
Senator Lummis to unveil major development regarding strategic Bitcoin reserve at 10 a.m.
EU Orders Removal of Non-Compliant Stablecoins by March 2025