Argentina approves registration requirements for cryptocurrency companies

BlockBeats news, on April 3, according to Cointelegraph, Argentine officials have begun to implement requirements for cryptocurrency trading platforms to operate legally in the country. Argentina’s National Securities Commission (CNV) said in a statement that virtual asset service providers will operate in compliance with the recommendations of the Financial Action Task Force (FATF). As part of the reform of Argentina’s anti-money laundering (AML) and combating the financing of terrorism (CFT) laws, certain companies providing cryptocurrency-related services must be officially registered in Argentina. CNV Chairman Roberto Silva said that unregistered virtual asset service providers "will not be able to operate in the country."