Argentina Launches Asset Tokenization Pilot Regime
Date: 2025-04-15 Author: Henry Casey Categories: IN WORLD
The National Securities Commission of Argentina (CNV) has presented a draft regulation that will allow companies to issue digital tokens backed by real assets. The new regime covers a wide range of instruments, from stocks and bonds to closed-end funds and dual-listed assets.
According to the proposed document, no separate permission for digital issuance will be required; general consent to digitalization will be sufficient. The regulation is currently up for public discussion to receive feedback from market participants.
To test the new regime in practice, CNV is organizing a special regulatory sandbox. Over the course of a year, all processes related to tokenization will be worked out there and data on potential difficulties and risks will be collected. This will help identify weaknesses and improve the legal framework before full-scale implementation.
Tokens will be able to be issued with the participation of virtual asset providers registered in Argentina. These companies will also be able to offer tokens to investors, subject to all regulatory requirements in force within the sandbox.
According to the head of CNV, Roberto Silva, the launch of the tokenization regime will strengthen the country's leadership in the field of digital finance. He emphasized that Argentina cannot afford to remain on the sidelines of global innovations and must actively promote blockchain solutions.
This step logically continues Argentina's course towards the development of the crypto market. Recall that in December 2024, local financial regulators signed an agreement with colleagues from El Salvador on joint work in the field of cryptocurrency regulation.
