According to BlockBeats, on March 14th, the National Securities Commission (CNV) of Argentina officially approved General Resolution 1058, establishing final regulatory guidelines for virtual asset service providers (VASPs). The new regulations cover registration obligations, network security, asset custody, anti money laundering measures, and risk disclosure, aiming to ensure the transparency, stability, and user protection of the cryptocurrency ecosystem.
According to the new regulations, VASP must ensure the separation of company and client funds, conduct regular annual audits, and submit monthly reports to CNV. In addition, unregistered enterprises or those who violate regulations may face registration revocation or court blockade. In terms of compliance deadlines, registered individual service providers need to complete adjustments before July 1st, local registered companies need to comply before August 1st, and overseas companies need to meet the new requirements before September 1st. CNV Chairman Roberto E. Silva said, "Those who fail to comply on time will not be allowed to operate in Argentina
