Argentina Institutes Controversial Crypto Platform Registry to Appease Global Financial Regulations
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Argentina unveiled a mandatory registry for crypto platforms to comply with financial regulations.
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The registry requires crypto providers to register with the national securities regulator to operate in Argentina.
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The libertarian president, Javier Milei, did not initiate the registry, though some expected more crypto-friendly policies.
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Local experts argue the registry overreaches in regulating crypto as a financial asset rather than currency.
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While not directly impacting users yet, the registry intends to satisfy international demands, not benefit Argentinians.