Key Takeaways:
- CNV Resolution 1125/2026 lets crypto count for the $479K investor limit, expanding future market access.
- A 2022 Central Bank ban still halts retail crypto services, but banks are testing blockchain settlement.
- President Milei is expected to lift the 2022 banking ban soon, expanding Argentina’s crypto adoption.
Argentina Changes Law to Recognize Crypto as Net Worth for Qualified Investors
Argentina is slowly working to open its financial industry to crypto assets, moving to increase the recognition of cryptocurrency across all sectors of its economy.
The Argentine Securities and Exchange Commission (CNV) issued General Resolution 1125/2026, which establishes that virtual assets will be recognized as part of an individual’s worth for reaching the classification of a qualified investor in the country.
The resolution defines virtual assets as “any digital representation of value that can be traded and/or transferred digitally and used for payments or investments.” This means that cryptocurrencies, tokenized assets, and even stablecoins could be used as these assets.
The CNV argued that “the progressive incorporation of new asset classes—such as Virtual Assets—into investment portfolios renders their inclusion advisable for the purpose of demonstrating the required financial capacity, since they constitute an additional manifestation of the investor’s economic capacity and financial experience.”
Before, when investors disclosed their crypto holdings, these could not be accounted as part of the assets needed to reach the nearly $479,000 to enter this investment classification.
With this measure, the CNV seeks to democratize and open investment markets to new target audiences who are not normally interested in traditional investments and focus more on digital alternatives, including staking and decentralized finance platforms.
While Argentina is advancing in this regard, financial institutions cannot offer cryptocurrency services to their customers, as the central bank issued a resolution in 2022 to “mitigate the risks associated with operations with these assets that could be generated for users of financial services and for the financial system as a whole.”
Nonetheless, some banks are testing blockchain-based plumbing for their internal settlements. Reports indicate this restriction will be lifted in the short term, as President Milei’s administration opens up to crypto.
