THE TOKENIZATION OF REAL ASSETS IS ALREADY A REALITY IN ARGENTINA
In Argentina, they are witnessing a huge step in the world of cryptocurrencies. The National Securities Commission (CNV) approved the regulation for the tokenization of real-world assets on the blockchain. This strategic measure positions them among the advanced nations in the crypto ecosystem, expanding access for investors and generating new business opportunities for all.
The CNV's General Resolution No. 1069 focuses on shares in financial trusts and shares of closed-end investment funds, which must undergo a public offering process and require predictable returns from their underlying assets. Furthermore, the CNV established a one-year regulatory "sandbox" for new issuances. Registered PSAV platforms and mobile applications will be responsible for the marketing, administration, custody, and management of these securities in the digital environment, ensuring a solid legal framework for this growing trend.