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Argentina’s CNV Proposes New Crypto Rules Following Local Scams

  • Argentina's securities commission, CNV, has issued new regulations for crypto exchanges in the country.
  • The regulations require a minimum net worth of $170 million for large companies operating in cryptocurrency transfers and custody of digital assets.
  • The move aims to protect investors and foster growth in the crypto industry while allowing for public feedback before finalization.
  • These regulations come after major crypto scams, such as RainbowEx and Knight Consortium, affected thousands of families in Argentina.

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