Argentina's Securities Commission Proposes Expansion of Tokenization Regulations

Argentina's National Securities Commission (CNV) has introduced a draft of General Resolution No. 1137, aiming to enhance regulations concerning the tokenization of real-world assets (RWA). According to Foresight News, the proposal seeks to broaden the scope of applicable financial instruments that can operate using distributed ledger technology within the country. Previously, the legal framework only permitted the digital representation of specific financial tools. The current resolution removes this restriction, allowing any closed-end mutual fund with automatic public issuance authorization to transition to a digital asset format. Additionally, the resolution extends the regulatory sandbox period until December 31, 2027.