Equity funding: The U.S. opens to cryptocurrencies while Argentina limits itself to fiat.
The CNV restricted deposits in the local capital market to fiat transfers, contrasting with U.S. brokers that operate with USDC.
The regulatory landscape in Argentina is moving toward stricter, more centralized control within the traditional banking system for investment transactions.
As of the approval of General Resolution No. 1166 by the Board of the National Securities Commission (CNV) on September 14, 2026, bank or virtual transfer has been established as the only permitted method for receiving and delivering funds to and from clients in the scope of the capital market.
Although the document’s official text does not explicitly mention digital assets or cryptocurrencies, it is categorical in stating that receipts and payments must be carried out exclusively from or to sight accounts or Uniform Virtual Keys (CVU) belonging to entities or payment providers authorized by the Central Bank of the Argentine Republic (BCRA).
The measure seeks to ensure immediate availability of funds and eliminate the possible rejections that had been generated when using checks, whose usage limit within the system had already been regulated previously through RG No. 1141.
The aim of the regulatory authority is to provide greater operational certainty and strengthen preventive mechanisms against potential improper conduct, in line with anti–money laundering regulations.
Although—as mentioned earlier—this is not a regulation about cryptocurrencies, this general rule blocks any alternative funding route, with exceptions only for the Clearing and Settlement Agents (ALyC) linked to grain brokerage and agricultural transactions, or for foreign investors subject to special due diligence who operate through local custody entities.
$NVDAB $AAPLB $AMZNB
The CNV restricted deposits in the local capital market to fiat transfers, contrasting with U.S. brokers that operate with USDC.
The regulatory landscape in Argentina is moving toward stricter, more centralized control within the traditional banking system for investment transactions.
As of the approval of General Resolution No. 1166 by the Board of the National Securities Commission (CNV) on September 14, 2026, bank or virtual transfer has been established as the only permitted method for receiving and delivering funds to and from clients in the scope of the capital market.
Although the document’s official text does not explicitly mention digital assets or cryptocurrencies, it is categorical in stating that receipts and payments must be carried out exclusively from or to sight accounts or Uniform Virtual Keys (CVU) belonging to entities or payment providers authorized by the Central Bank of the Argentine Republic (BCRA).
The measure seeks to ensure immediate availability of funds and eliminate the possible rejections that had been generated when using checks, whose usage limit within the system had already been regulated previously through RG No. 1141.
The aim of the regulatory authority is to provide greater operational certainty and strengthen preventive mechanisms against potential improper conduct, in line with anti–money laundering regulations.
Although—as mentioned earlier—this is not a regulation about cryptocurrencies, this general rule blocks any alternative funding route, with exceptions only for the Clearing and Settlement Agents (ALyC) linked to grain brokerage and agricultural transactions, or for foreign investors subject to special due diligence who operate through local custody entities.
$NVDAB $AAPLB $AMZNB
