In Argentina, cryptocurrency industry members are expressing their opinions on a new draft that proposes restrictions on the operation of crypto institutions in the country. If approved, the draft will require institutions to register with a minimum capital amount in order to operate. The new regulations aim to protect crypto users, improve compliance, prevent money laundering and terrorism financing, and promote cybersecurity. However, some members of the crypto industry are cautious about the draft, stating that regulations should be built to allow companies to grow. They argue that overly burdensome regulations may encourage users to move to less regulated areas.



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