--- title: "VASP (PSAV) registration in Argentina: CNV requirements, categories and how to register (2026)" url: "https://www.unknowngravity.com/en/articulos/vasp-registration-argentina-cnv" site: Unknown Gravity published: "2026-10-02T14:56:13+00:00" modified: "2026-10-02T14:56:14+00:00" language: en-US description: "Since Law 27,739 of March 2024, no virtual asset service provider (VASP, «PSAV» in Argentina) may operate in the country without registering with the National Securities Commission (CNV)." section: "Home > Cryptocurrencies and tokens > VASP (PSAV) registration in Argentina: CNV requirements, categories and how to register (2026)" --- # VASP (PSAV) registration in Argentina: CNV requirements, categories and how to register (2026) **Since Law 27,739 of March 2024, no virtual asset service provider (VASP, «PSAV» in Argentina) may operate in the country without registering with the National Securities Commission (CNV).** The definitive regime, General Resolution 1058/2025 in force since 26 May 2025, set categories, minimum equity and custody rules. As of 2 October 2026 the [CNV public registry](https://www.cnv.gov.ar/SitioWeb/ProveedoresServiciosActivosVirtuales/RegistrosPSAV) lists 81 registered VASPs, all legal entities. ## What a PSAV is and who must register A PSAV is anyone who, as a business and on behalf of others, provides any of these services: exchange between virtual assets and legal tender; exchange between virtual assets; transfer; custody or administration; or financial services linked to an issuer’s offering or the sale of a virtual asset. Argentine legal entities, resident individuals and foreign providers operating in the country must register before operating. Not covered: trading on one’s own account, accepting crypto for one’s own products, decentralised protocols with no identifiable provider and pure self-custody wallet providers. Individuals can only operate in the first two categories and are exempt below 35,000 UVA a month. ## The five categories and minimum equity - **Category 1**, exchange between virtual assets and legal tender: 150,000 dollars. - **Category 2**, exchange between virtual assets: 150,000 dollars. - **Category 3**, transfer: 75,000 dollars. - **Category 4**, custody or administration: 150,000 dollars. - **Category 5**, services to issuers and offerings: 35,000 dollars. The minimum is halved if the volume traded or held in custody over the last twelve months is below 2.5 million dollars. With several categories, the highest requirement applies, not the sum. No liquid counterpart is required. If equity falls below the minimum, it must be disclosed as a material fact and a recovery plan filed within ten business days. ## Organisational requirements - **Legal form**: only a public limited company or a limited liability company; simplified SAS companies are excluded. A website with a «.ar» domain and the legend «Registered under No. … in the CNV PSAV Registry» on the website, app and social media. - **Officers**: a regulatory compliance and internal control officer, a public relations officer and an anti-money-laundering compliance officer, with an alternate, before the financial intelligence unit (UIF). - **Custody**: segregation of client assets, key custody schemes (cold storage, [multisig](/en/glosario/multisig-multifirma), whitelists), client fiat segregated at an authorised institution and a ban on using client assets on one’s own account. - **Systems**: risk-based cybersecurity and an annual systems audit, signed by an IT expert, that includes [proof of reserves](/en/glosario/proof-of-reserves). - **Clients**: a code of conduct, risk warnings, transparent fees, a white paper for every asset offered and ten-year record keeping. ## How to register, step by step 1. Fill in the CNV online registration form. 2. Open the procedure on the Trámites a Distancia (TAD) platform with the documents: bylaws whose corporate purpose covers the activity, shareholders, directors, addresses, requested categories, background records, an anti-money-laundering sworn statement, the IT expert’s report and proof of equity. 3. Obtain credentials for the Financial Information Highway (AIF) and upload the forms there. 4. Answer the CNV’s observations until it issues the decision that assigns the registration number. 5. Register as an obliged entity with the UIF within the following 30 days. Opening the procedure is free; the 2026 annual supervision fee is 13,360,000 pesos for legal entities. Ongoing duties follow: a monthly report to the CNV, an annual systems audit and audited financial statements, a risk self-assessment filed with the UIF by 30 April and suspicious transaction reports within 24 hours. ## Foreign VASPs A foreign provider operates in Argentina if it uses a «.ar» domain, receives funds from residents through third parties, clearly targets residents, advertises to them (unless the client makes the first contact) or if more than 20 % of its volume is Argentine. In that case it can only register through a branch or permanent representation with capital assigned in the country, or through a local company in which it holds a stake: the foreign entity cannot register directly. ## VASPs and securities tokenization The CNV tokenization regime was created by General Resolution 1069/2025, extended by GR 1081/2025 to shares, corporate bonds and CEDEARs, and GR 1150/2026 extended the sandbox to 31 December 2027. To take part, a VASP must be registered in all five categories at once: as of October 2026, 33 of the 81 are. How an issuance is structured is covered in [asset tokenization in Argentina](/en/articulos/asset-tokenization-in-argentina). ## Operating without registration It is prohibited. The CNV can issue warnings, fines of 100,000 to 100 million pesos — up to five times the profit obtained —, disqualification and bans, cancel the registration at the request of the UIF and ask for the offender’s website and social media to be blocked. ## How we help Registration is a legal file, but half of the requirements are technical: segregated custody, cybersecurity, proof of reserves, traceability and reporting. We build that layer — [custody and wallets](/en/servicios/crypto-wallet-and-custody-development), platform and compliance dashboards — alongside the Argentine counsel who signs the filing. *Data as of 2 October 2026, checked against the Official Gazette, InfoLEG, the CNV and the UIF ([current text of the PSAV chapter](https://servicios.infoleg.gob.ar/infolegInternet/anexos/215000-219999/219405/texact-TituloXIV-CapIII.htm)).* VASP registration or a PSAV platform? [Talk to us](/en/meeting).