Argentina’s National Securities Commission (CNV) has published Interpretation Criteria No. 97. This more clearly specifies the requirements that companies must meet to register as a supplier for a national virtual asset service (PSAV).
In this way, CNV establishes its Argentinian society They must reflect the provision of services such as PSAV by law. Government agencies make it clear that ambiguous or ambiguous formulations are not acceptable to provide greater clarity and legal certainty to businesses, regulators and users.
In the case of foreign societies, CNV allows the parent company to explicitly indicate that it will carry out activities such as PSAV.
Interpretation Criterion No. 97 also applies to companies already registered under general resolution number 994.created a PSAV registry in March 2024, enforcing all natural and legal, local or foreigners carrying out activities such as virtual asset service providers.
The rules also establish that current laws must be published on the Financial Information Highway (AIF), the official Argentine government platform aimed at concentrating and publishing relevant financial information, presenting the full text and officially registered in the Public Register.
With these guidelines, CNV aims to strengthen PSAV regulations, simplify the supervision process, and promote the orderly and transparent development of services related to Argentine virtual assets.
It’s also important to mention it recently The entity advanced asset token regulation through general resolution number 1081the second stage of the tokenization regime is incorporated.
As reported by Cryptootics, this extension allows actions that include those cited in multiple bags – negotiable and obligatory (meaning foreign action and traded in the pesos of the local market) can be expressed digitally as a token known as RWA (active real world) integrated into the Argentine regulatory framework.
Roberto E. Silva, president of CNV, emphasized that the program will position the southern country as a regional and international avant-garde. Regulations ensure that investors can always replace electronic representations of value with traditional modalities, thus consolidating more formal and monitored digital asset markets.