Argentina’s Comisión Nacional de Valores (CNV) has introduced new regulations for virtual asset service providers (PSAVs), requiring them to comply with registration, cybersecurity, anti-money laundering, and asset custody standards to ensure transparency and consumer protection in the crypto sector.
The regulatory framework — dubbed Resolution No. 1058 — was approved following a public consultation process and aligns with legislation that grants the CNV authority over virtual asset service providers.
The new rules mandate stringent operational guidelines and impose severe penalties for non-compliance on companies facilitating transactions, custody, or intermediation of digital assets.
CNV President Roberto E. Silva emphasized the importance of striking a balance between effective regulation and fostering innovation.
He said the regulator had worked extensively to ensure the regulation was both effective and aligned with the law while avoiding unnecessary costs that could hinder
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