The Argentina Securities Commission (CNV) issued Interpretative Criterion No. 100 to clarify how the 2025 annual supervision and control fee applies to foreign Virtual Asset Service Providers (PSAVs). Under the existing rules, foreign companies registered in the PSAV Register as of 15 October 2025 must pay the 2025 annual fee between 3 and 7 November 2025 (inclusive). The clarification also covers cases where a foreign PSAV opts to conduct its activity through an Argentine-incorporated company under General Resolution No. 1058: if the local company is registered after 15 October 2025, CNV will not require an additional 2025 annual fee from the new local entity, provided the foreign PSAV has already paid. That payment is treated as validly extending to the local continuing entity solely for the 2025 financial year, while from 2026 onwards local companies must follow the general annual payment regime.
Argentina Securities Commission (CNV) 2025-10-22
Argentina Securities Commission clarifies 2025 annual supervision fee rules for foreign virtual asset service providers and successor local entities
The Argentina Securities Commission (CNV) issued Interpretative Criterion No. 100 to clarify the 2025 supervision and control fee for foreign Virtual Asset Service Providers (PSAVs). Foreign companies registered by 15 October 2025 must pay the fee between 3 and 7 November 2025. If a foreign PSAV operates through an Argentine-incorporated company registered after this date, no additional fee is required for 2025, provided the foreign PSAV has already paid.