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Argentina plans to improve the RWA tokenization regulations and expand the scope of applicable financial instruments.

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PANews
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2 days ago
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PANews May 3 news, according to CriptoNoticias, the Argentine National Securities Commission (CNV) has proposed Draft General Resolution No. 1137, which aims to improve its regulations on RWA tokenization, expand its scope, and allow more types of financial instruments to use distributed ledger technology in the country. Prior to this announcement, the existing legal framework only allowed the digital representation of specific financial instruments, and the current resolution removes this restriction, allowing any closed-end mutual fund with automatic public offering authorization to migrate to a digital asset format. In addition, the resolution extends the deadline for the regulatory sandbox until December 31, 2027. This controlled experimental space is crucial for fintech companies, as they can test new business models related to digital currencies and Bitcoin technology without being fully constrained by traditional regulatory frameworks, allowing regulators to observe their behavior before the widespread application of digital assets.

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