- Argentina’s securities regulators will mandate VASPs to abide by strict regulations and cybersecurity protocols to protect user assets.
- Cryptocurrency platforms will be required to register and comply with anti-money laundering measures.
Argentina’s National Securities Commission (CNV) has introduced new guidelines for Virtual Asset Service Providers (VASPs). The rules are meant to set standards for cryptocurrency exchanges and digital asset platforms to protect traders.
According to the CNV announcement on March 13, 2025, under General Resolution No. 1058, the regulations will focus on asset custody. They will also centre around obligations regarding registration, risk disclosure, and preventing money laundering.
Roberto E. Silva, the president of the CNV, said in a statement: “We have worked hard on this regulation with the goal of ensuring it is effective and complies with the law, maintaining a balance to avoid overregulation or imposing unnecessary costs on the industry and promoting innovation.”
See Related: Argentina Approves Bybit’s VASP Registration As Country Tightens Crypto Laws
The law will come into effect on December 31, 2025. It is expected to enhance transparency, stability, and trader protection in the country’s cryptocurrency sector. By enforcing the compliance measures, Argentina aims to take control of digital asset services and alleviate related financial risks.
A Big Win For Investors?
VASPs’ regulations are a crucial step for Argentina in ensuring the country aligns with global crypto compliance standards. The rules will call for a mandatory disclosure of operational risks, enhancing users’ awareness. They will also ensure counter-terrorism financing policies align with Financial Action Task Force (FATF) guidelines.
This move will also introduce customer-exchange asset segregation, which could boost traders’ confidence within Argentina’s crypto market. The CNV president says those entities that do not comply will not be allowed to operate in Australia.
