Argentina Regulation 1058

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What is it? What does it mean for pre-existing VASPs? What does it mean for new VASP licensing?

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First of all, do not be intimidated by the new REG 1058. It may seem like a mini version of the EU MiCA regulations, however it is not as restrictive nor daunting as it initially appears. Argentina remains very friendly, flexible, and supportive of crypto businesses.


Our close relationship with the regulators has given us an understanding of what is considered passable into this new regime. Specifically concerning minimum capital requirements and reports. These new requirements help Argentina to enter into the global crypto norms, however keeping the ideology of business and innovation first. Without going into too much detail, simply ask us what implementation plans we have in place considering the new capital requirements.


Our standard package to get pre-existing VASPs compliant to Reg1058 starts at 8k EUR. Need ART 123 (Corporate Shareholder Incorporation)? Not a problem, we are well versed in this procedure.


Our new VASP packages start at 19.9k EUR and includes:

• Company Creation of SRL (LLC) with mandatory books. (1 local director / 2 shareholders required);

• Registration of the company in the registry of Virtual Asset providers with the CNV;

• ARG Reg1058 Compliant;

• Transfer of shares with a Notary (Remotely);

• Personalized AML/KYC Policy;

• VAT number;

• MLRO search and employment.


Visit: https://www.readycorp.co/argentina

Or contact us directly via Telegram: @Ready_Corp

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