Argentina to Test Comprehensive Tokenisation Framework

The National Securities Commission of Argentina (CNV) has proposed a new regulation for tokenisation. This framework will allow issuers to release tokens linked to legitimate assets.

The document has been submitted for public consultation.

Tokenisation will encompass shares, bonds, units of closed-end funds, and other securities, including dual-listed assets. The regulator noted that no separate permission for digital issuance will be required, apart from the general consent for digitalisation.

To test the new framework, the CNV will establish a regulatory sandbox. This will operate for a year, during which experts will gather feedback and examine potential issues with the implementation of tokenisation.

Virtual asset providers registered in Argentina will be able to offer these tokens on the market. They are expected to ensure compliance with all regulatory norms within the sandbox framework.

Roberto Silva, head of the CNV, stated that this move will strengthen Argentina’s leadership in blockchain technology. According to him, the country cannot remain on the sidelines of global trends and must actively adopt new solutions.

Back in December 2024, regulatory authorities from El Salvador and Argentina signed an agreement on cooperation in the field of crypto regulation.