Argentina’s digital asset market received relevant institutional scrutiny following the revocation of an injunction by the National Securities Commission (CNV). The dismissal of the subpoena is based solely on the fact that Belo & Twin Finance has eliminated all references to yield, interest, or returns related to the ARGt assets.
The regulatory resolution published on the official website confirms that: Performance of any kind is no longer mentioned on our websites, applications, and communications. The regulator emphasizes in the document that the ARGt must be presented only as a means of payment and as a digital representation of the Argentine Peso with a 1:1 equivalent.
According to the resolution, the property does not confer any right of return and mere possession does not create an expectation of return. This adaptation became the main condition for the regulator to cancel the precautionary measures applied in March 2026.
The corporate sector confirmed receipt of the official notification and immediate reconstruction of financial functions. Manuel Beaudroit, CEO of Belo, announced on April 14, 2026 that the organization’s decision was made after confirming: The platform met all technical and legal requirements Necessary at the stage of preventive suspension.
Despite the service being resumed, official documentation The CNV makes no mention of ARGt’s solvency and does not detail its asset support. in bank deposits. Contrary to what was stated in the company press release, the authority’s technical resolution omits any reference to the monthly audits carried out by local companies to ensure the currency’s liquidity.
In fact, the only mention of an independent accounting review in the file is due to information provided by Bello during the process, without the State publicly verifying these supporting assurances.
The responsibility for issuing ARGt lies with Uruguay-based Twin Finance. Not publishing detailed external audit reports There is also no guarantee of instant liquidity on official channels.
The company presents the asset on its website as a balance tool to preserve purchasing power in the face of a weakening national currency, but Argentine regulators are restrictive, pointing out that cryptocurrencies must function solely as a means of payment. The conflict between the company’s “preservation of value” vision and the prohibition on profit-giving by CNV has placed the assets under a framework of strict administrative oversight.
As CriptoNoticias reported at the time, the adaptation process began on March 11, 2026, when regulators ordered the suspension of economic benefits due to companies not complying with the current legal framework. Considering the risk of sanctions, the two companies have chosen to disconnect the service and start technical dialogue to make the solvency process transparent.
(Tag translation) Argentina
