The National Securities Commission (CNV) of Argentina is working on the regulation on crypto companies with its central focus on exchanges. CNV President Sebastian Negri revealed that the regulation will come into effect progressively after the congressional bill which grants the agency oversight authority of the crypto industry is approved, but he refused to comment on whether companies will be asked to submit proof of solvency. The government hopes to strengthen the rules before the evaluation conducted by Financial Action Task Force in September.
Source: https://bloomberg.com
