Argentina's recent introduction of Virtual Asset Service Provider (VASP) regulations under the Financial Information Unit (UIF) marks a turning point for businesses operating in the crypto space. With a clear regulatory framework, licensed companies gain increased credibility, opening doors to banking services, institutional partnerships, and international expansion. This regulatory clarity helps reduce operational risks while ensuring compliance with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) obligations.

Beyond compliance, obtaining a crypto license in Argentina provides businesses with greater operational stability and access to a rapidly growing user base eager to engage with regulated platforms. The licensing process creates transparency, enabling businesses to build trust with both users and regulators, ultimately fostering long-term growth and sustainability. Licensed companies can also leverage Argentina’s strong fintech and blockchain ecosystem, benefiting from collaborative opportunities with industry leaders and innovative startups.

The regulatory framework accommodates a wide range of crypto-related services, from exchanges and custodial solutions to payment processors and token issuance platforms. Businesses that comply with these new regulations can operate with greater legal certainty, positioning themselves ahead of competitors who may struggle with compliance issues in the future. As Argentina continues to refine its regulatory approach, early adopters will have a strategic advantage in shaping the country’s evolving crypto landscape.

VASPs are separated into 5 categories:

Category 1:  Exchange between virtual assets and fiat.

Category 2:  Exchange between 1 or more forms of virtual assets.

Category 3:  Transfer of virtual assets.

Category 4:  Custody and/or administration of virtual assets or instruments that allow control over them.

Category 5:  Participation and provision of financial services related to the offer of an issuer and/or sale of a virtual asset.

{Natural persons are restricted to Categories 1 & 2 only, while legal entities have no category restrictions}

**Special Note** As of mid April, 2025 the Argentina government has lifted the Foreign Exchange Restrictions on the US dollar. The means new norms will follow shortly, allowing Banks to offer Crypto, and PSPs to offer crypto and USD services.

  **Update** As of the end of May 2025, a new campaign has set forth to allow undeclared dollars to enter the market tax free and with no questions asked, this is estimated to open up nearly $270 Billion in funds.

We assist pre-existing Argentina VASP companies to become compliant with the new regulations set out by 1058.