The Argentina Securities Commission (CNV) has put out for public consultation a proposed tokenization regime that would bring digital representations of publicly offered negotiable securities into its regulatory framework. Approved recently under General Resolution No. 1060, the proposal sets out how tokenization would be implemented using distributed ledger technologies (DLT) or similar systems, with functional equivalence to traditional paper or book-entry forms. The draft would recognise digital representation of negotiable securities as a specific form of tokenization and sets expectations aimed at ensuring security, traceability, immutability, fungibility and verifiability of transactions. It would allow total or partial “additional” digital representation of shares (including dual-listed shares), corporate bonds, units of closed-end mutual funds, debt securities or participation certificates of publicly offered financial trusts, and CEDEARs. CNV presented the proposal to market participants, virtual asset industry representatives and officials from the Financial Information Unit and the Customs and Revenue Control Agency. The consultation period is 15 days.
Argentina Securities Commission (CNV) 2025-04-15
Argentina Securities Commission launches 15-day public consultation on securities tokenization regime
The Argentina Securities Commission (CNV) has launched a public consultation on a proposed tokenization regime for digital representations of publicly offered negotiable securities, approved under General Resolution No. 1060. The proposal outlines using distributed ledger technologies (DLT) to ensure security, traceability, and verifiability, allowing digital representation of various securities, including shares and corporate bonds. The CNV engaged market participants and relevant authorities in the consultation process.