Argentina Regulation of Virtual Asset Service Providers (VASPs)
National Securities Commission approved General Resolution No. 1058, which establishes final guidelines for crypto service providers
Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions.
The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058.
According to a translated version of the announcement, the regulations impose “obligations regarding registration, cybersecurity, asset custody, money laundering prevention, and risk disclosure” on VASPs operating in the country.
The stated goal of the rules is to guarantee “transparency, stability, and user protection in the crypto ecosystem,”.
Argentine tax lawyer Diego Fraga said the final guidelines include mandatory separation of company and client funds, annual audits and monthly reporting with the CNV.
2/ Registro obligatorio:
— Diego Fraga (@diegotefraga) March 14, 2025
Si operás con cripto en Argentina (cambio, transferencia, custodia, etc.), la CNV te obliga a inscribirte en su Registro de PSAV antes de empezar.
Si no lo hacés, no podés operar.
Exceptuados:
•Personas que operan cripto a título personal.
•Empresas…
Since 2024, VASPs operating in Argentina have been required to register with the registry of virtual asset service providers, also known as PSAV. According to the new rules, registrations may be revoked for noncompliance, and any company operating without registration may be blocked by court order.
Individuals who are registered with the PSAV have until July 1 to conform to the new rules. Companies incorporated in Argentina have until Aug. 1, and those incorporated abroad have until Sept. 1.
“Those who do not comply with the established requirements and deadlines will not be able to operate in Argentina,” said Roberto E. Silva, the CNV’s president.