Argentine stock exchanges and markets presented its Assets digital platform, which will allow the negotiation of shares, ONS tokens and other local assets.
The main negotiable stock market, Argentine bags and markets (Byma), announced the opening of Byma Digital Assetsa platform that will work as Market for shares, negotiable obligations (ON) and other local assets issued by companies and funds based in Argentina.
The announcement was barely entered into Validity Resolution 1,081 of the National Securities Commission (CNV) which establishes the regulations so that companies can issue digital versions of their actions, bonds or negotiable values.
Actually, byma, which is the company that manages the platform on which the Capital market in the city of Buenos Airescreated his own Virtual Assets Services Supplier (PSAV) which are the agents authorized by the CNV to act as markets in the digital world.
The CNV It launched from this Thursday a regime that allows the tokenization of values Negotiable among other things emissions of actions, trusts, negotiable obligations, and in general what are known as real world assets.
By dictating RG No. 1081 it advanced in the Digitization of the Argentine capital market. The mechanism provides that when a company issues a value in the traditional capital market, a part of this can be done through a token. It will not be two different titles but the same, one in its traditional card version and another in the new digital expression.
In the same way that A issuer has to register with a market and comply with a series of regulations of the regulator, in the case of this type of Token, virtual asset services suppliers (PSAV) They will officiate market where they will quote those species. A broadcast company can list its tokens up to five psav different.
“Byma Digital Assets makes available a safe environment, guaranteeing operational efficiency and quality of information, traceability and interoperability. With the trajectory of the Byma group, it combines experience and innovation, promoting new solutions to the crypto ecosystem,” said the company.
In the first stage, Byma Digital Assets presented “Byma Token Registry”, registration service of tokenized assets. Likewise, it was reported that “the unit will soon incorporate its service offer, crypto and tokenization of real assets of the real world. This step seeks to accompany the growing interest in digital assets such as cryptocurrencies.”
In this regard, the CEO of Byma, Gonzalo Pascual Merlo, said that “Byma Digital Assets inaugurates a new stage in the crypto ecosystem of Argentina, positioning ourselves with a unique proposal in tokenized assets. “
It should be remembered that until now A scheme was launched that allowed tokenize the quotas of trusts. Now with General Resolution 1081 the spect of negotiable values is extended. Actions are incorporated (including double listing), ONS and Cedears.
Source: Ambito
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