Argentina Securities Commission (CNV) chair Roberto E. Silva used the Regulation Day event to explain the CNV’s newly approved framework for Virtual Asset Service Providers (PSAVs), which followed a public consultation launched under General Resolution No. 1025 and was adopted via General Resolution No. 1058. Silva said the rules were developed over more than a year with input from the private sector and were designed to meet the CNV’s legal mandate as PSAV regulator without over-regulating the industry. The framework sets principles and parameters for PSAVs, including general rules of conduct and specific conditions for carrying out their functions, and includes defined transition timelines, with firms that do not meet the requirements unable to operate in Argentina. The panel also included representatives from Argentina’s General Inspectorate of Justice and Financial Information Unit.
Argentina Securities Commission (CNV) 2025-03-19
Argentina Securities Commission outlines newly approved virtual asset service provider rules and compliance timelines
Argentina Securities Commission (CNV) chair Roberto E. Silva announced the adoption of a new framework for Virtual Asset Service Providers (PSAVs) at the Regulation Day event. Developed over a year with private sector input, the framework outlines principles, conduct rules, and operational conditions for PSAVs, with non-compliant firms barred from operating in Argentina.