Argentina's CNV Proposes to Expand RWA Tokenization Rules on May 3

According to CriptoNoticias, Argentina's National Securities Commission (CNV) proposed new regulations on May 3 to expand the scope of RWA tokenization, allowing more types of financial instruments to operate using distributed ledger technology in the country.

The proposal removes previous restrictions that limited digitalization to specific financial instruments, now permitting any closed-end mutual fund with automatic public offering authorization to migrate to digital asset format. The regulatory sandbox period has also been extended through December 31, 2027.