Argentine Securities Commission Expands Tokenization Regime

The Argentine Securities Commission (CNV) issued General Resolution 1137 on April 30, 2026, and submitted it to public consultation for 15 business days.  The Resolution expands the current tokenization regime, allowing a broader range of financial instruments to be digitally represented through distributed ledger technologies (DLT).

Now, those securities falling within the different automatic authorization regimes set forth in the CNV rules—except for open-ended mutual funds—may be digitally represented.

In the case of low-impact issuances, although submitting a prospectus is not mandatory, issuers that voluntarily prepare one and request CNV authorization for digital representation will be permitted to tokenize their issuances.

The Resolution also proposes extending the regulatory sandbox, initially set to expire in August 2026, until December 31, 2027.