Argentina has introduced a mandatory registration system for virtual asset service providers

ChainCatcher news, at the end of March, the Argentine National Securities Commission announced a new mandatory registration system for virtual asset service providers, applicable to companies and individuals engaged in cryptocurrency activities in the country. This new regulation will affect businesses that specialize in various services such as buying, selling, sending, receiving, lending, or trading cryptocurrencies. The regulation applies not only to local companies but also to those operating in the market but headquartered elsewhere. Roberto E. Silva, the chairman of the Argentine National Securities Commission (CNV), made it clear that unregistered entities will not be able to operate in the country.