In a significant step towards innovation and financial inclusion, the National Securities Commission (CNV) has given green light to the Resolution 1048a regulation that redefines the relationship between capital market agents and the crypto ecosystem. This change represents a milestone in the evolution of Argentine financial systemadapting to global trends and recognizing the prominence of virtual assets.
The resolution allows Liquidation and Compensation Agents (ALYC), Negotiation Agents (AN) and Global Investment Advisory Agents (AAGI) interact directly with Virtual Asset Services Suppliers (PSAV). This not only expands the scope of these agents, but strengthens the bridge between the traditional financial world and emerging technologies.
It should be noted that Some of the financial agents involved may need other authorizations from other financial or banking administrative control entities.
A more integrated ecosystem
Among the outstanding aspects, the possibility of mutual reference between various financial actors, such as MSME platforms, financial entities registered with the Central Bank (BCRA) and the PSAV are included. This interaction model encourages greater transversality of the financial system, generating collaboration opportunities and expanding the options available for investors.
In addition, agents will be able to carry out advertising and arrangement actions through third parties, something that promises to improve connectivity between users and institutions, while enabling new tools to democratize access to the capital market.
Promoting competitiveness and inclusion
One of the most relevant changes lies in the formal incorporation of the PSAV to the capital market. This not only strengthens their legitimacy, but opens the doors to new ways of operating, integrating them into a regulated environment that generates trust for users. At the same time, this measure diversifies investment alternatives, providing investors the possibility of exploring digital assets under a safe and structured framework.
Competitiveness is also benefited, since financial entities and agents can now offer more innovative products and services, aligned with the needs of a constantly change market.
A necessary convergence
This CNV movement is not isolated, but part of a greater effort to modernize the Argentine capital market. The resolution resolved a vision of the future that bets on the convergence between the traditional and the technological, joining strength to strengthen the national economy and position the country on the map of global financial innovation.
Resolution 1048 is much more than a regulatory adjustment: it is a clear message that the Argentine financial system is willing to evolve and adapt to the challenges of the 21st century. The integration of virtual assets in the formal market is a key step to expand investment opportunities and connect the different actors of the financial ecosystem.
In a context of global changes and technological acceleration, this measure reinforces the importance of regulatory innovation as a development engine. Now, this new framework remains in the hands of market and users, contributing to the growth and sustainability of the Argentine capital market.
*Professor of the Faculty of Law of the Universidad Austral.
Source: Ambito
I am Pierce Boyd, a driven and ambitious professional working in the news industry. I have been writing for 24 Hours Worlds for over five years, specializing in sports section coverage. During my tenure at the publication, I have built an impressive portfolio of articles that has earned me a reputation as an experienced journalist and content creator.
