Argentina introduces mandatory registration system for virtual asset service providers

At the end of March, Argentina’s National Securities Commission announced a new mandatory virtual asset service provider registration system for companies and individuals engaged in crypto-asset business in the country. This new regulation will affect businesses that specialize in a variety of services, such as buying, selling, sending, receiving, lending or trading cryptocurrencies. The regulation applies not only to local companies, but also to companies operating in the market but headquartered elsewhere. Roberto E. Silva, chairman of Argentina’s National Securities Commission (CNV), made it clear: “Those who are not registered will not be able to operate in the country.” (Forbes)