The National Securities Commission (CNV), the Argentinian securities regulator, is taking action to streamline the arrival of fintech and crypto instruments to market.
This innovation hub might usher the new era of regulated crypto-linked investment products in Argentina. This is the opinion of Andres Ponte, president of Matba Rofex, an investment brokerage company, who stated these products will be launched in the short term.There are two objectives behind the regulation of cryptocurrency investments in the country according to local sources.
One is the protection of the investors that are seeking to put funds in crypto markets through the launch of regulated products. Another one is the benefit the national tax agency might enjoy from these products that, due to their nature, cannot be hidden from the AFIP, the national tax agency.
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