Regulator: Banco Central de la República Argentina (BCRA / Central Bank of Argentina); Comisión Nacional de Valores (CNV / National Securities Commission); Unidad de Información Financiera (UIF / Financial Information Unit for AML/CFT compliance)
Argentina's stablecoin regulatory framework is primarily codified in Law No. 27,739 (March 2024) and operationalized through two key CNV resolutions: Resolution 994/2024 (initial VASP registration framework) and Resolution 1058/2025 (comprehensive operational governance). Resolution 1058, published March 14, 2025 and effective April 28, 2025, significantly expands regulatory requirements with five VASP categories, minimum capital requirements ($75,000-$150,000 USD), mandatory client fund segregation, enhanced cybersecurity standards, and monthly/annual reporting obligations. The framework transitions from foundational registration to comprehensive operational oversight. Full implementation occurs December 31, 2025, with transitional compliance deadlines largely passed (individuals by July 1; Argentine entities by August 1; foreign entities by September 1, 2025). Monthly reporting is already active as of November 2025. The framework reflects Argentina's pro-crypto government stance under President Javier Milei while prioritizing financial stability amid severe inflation and widespread stablecoin adoption as inflation hedges.
Applicable Laws:
Law 27,739 (VASP Registration) (In Force) - https://www.dlapiper.com/en/insights/publications/blockchain-and-digital-assets-news-and-trends/2024/argentina-initiates-regulation-of-cryptoassets
