Today in crypto, Argentina has introduced new rules for crypto firms. Meanwhile, in the United States, a new bill seeks to formalize former President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve. However, Democrat Representative Gerald is pushing for the US Treasury to halt any efforts toward creating a crypto reserve.
Argentina finalizes rules for virtual asset providers
Argentina’s securities regulator has finalized rules for virtual asset service providers (VASPs), which cover general codes of conduct and custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions.
The regulations were published on March 13 by the National Securities Commission, also known as CNV, under General Resolution No. 1058.
According to a translated version of the announcement, the regulations impose “obligations regarding registration, cybersecurity, asset custody, money laundering prevention, and risk disclosure” on VASPs operating in the country.
The stated goal of