The National Securities Commission (CNV), the Argentinian securities regulator, is taking action to streamline the arrival of fintech and crypto instruments to market.
This innovation hub might usher the new era of regulated crypto-linked investment products in Argentina. This is the opinion of Andres Ponte, president of Matba Rofex, an investment brokerage company, who stated these products will be launched in the short term.There are two objectives behind the regulation of cryptocurrency investments in the country according to local sources.
One is the protection of the investors that are seeking to put funds in crypto markets through the launch of regulated products. Another one is the benefit the national tax agency might enjoy from these products that, due to their nature, cannot be hidden from the AFIP, the national tax agency.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fidelity Investments Launches Crypto, Metaverse ETFs — Says 'We Continue to See Demand' – Finance Bitcoin NewsFidelity Investments, with more than $11 trillion under administration, has announced the launch of crypto and metaverse ETFs. cryptocurrency bitcoin
Read more »
Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament – Taxes Bitcoin NewsA bill updating Russia’s tax law to incorporate provisions pertaining to the taxation of cryptocurrencies has been filed with the State Duma.
Read more »
Argentinians Are Now Using P2P Markets to Multiply Their Savings – Bitcoin NewsArgentinians are discovering the way in which liquidity providers in P2P markets earn significant amounts of money by arbitraging between various markets with cryptocurrency and fiat money.
Read more »
Bitcoin and Ethereum Are Less Volatile Than Some Stocks, Contrary to Popular BeliefWhile some traders believe that crypto stocks offer less volatility than $BTC and $ETH, Sharpe ratio suggests the opposite
Read more »
Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months – Regulation Bitcoin NewsThe Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2, unifying various regulation proposals.
Read more »
First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend TradingFirst Mover Asia: The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat. thesamreynolds, DantesOutlook, JPRubin23 report.
Read more »