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#argentinabillincludesvaspregulation
🇦🇷 Attention Argentina Community! New crypto regulation is on the way 🚨
The Argentine government has introduced a bill that directly impacts Virtual Asset Service Providers (VASP). The main goal is to tackle gambling addiction and curb illegal online betting.
What you need to know:
🚫 Mandatory block: Exchanges and fintechs will not be able to process payments to unlicensed gaming platforms.
⚖️ Tough penalties: Proposed sentences of 2 to 4 years in prison for those who provide financial or technological support to underground operators.
🔒 More controls: Platforms will need to strengthen their KYC processes and transaction monitoring.
This adds to the CNV registration (Resolution 1058). The ecosystem continues to evolve towards greater regulation!
What do you think about this measure? 👇
#Argentina #CryptoRegulation #VASP #CryptoNews
🇦🇷 Attention Argentina Community! New crypto regulation is on the way 🚨
The Argentine government has introduced a bill that directly impacts Virtual Asset Service Providers (VASP). The main goal is to tackle gambling addiction and curb illegal online betting.
What you need to know:
🚫 Mandatory block: Exchanges and fintechs will not be able to process payments to unlicensed gaming platforms.
⚖️ Tough penalties: Proposed sentences of 2 to 4 years in prison for those who provide financial or technological support to underground operators.
🔒 More controls: Platforms will need to strengthen their KYC processes and transaction monitoring.
This adds to the CNV registration (Resolution 1058). The ecosystem continues to evolve towards greater regulation!
What do you think about this measure? 👇
#Argentina #CryptoRegulation #VASP #CryptoNews
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