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Argentina bill would let funds buy Bitcoin, use crypto as collateral

Argentina bill would let funds buy Bitcoin, use crypto as collateral

A draft prepared by Deregulation Minister Federico Sturzenegger would also recognize smart contracts and allow full tokenization of negotiable securities in Argentina’s financial markets.

BTC

Fact Check
All key elements of the claim are confirmed by multiple sources. The Clarin primary report confirms Sturzenegger leads the deregulation draft (anteproyecto de Ley de Desregulacion) allowing mutual funds (FCI) to invest in cryptoassets and permitting virtual assets as collateral, plus tokenization infrastructure. News.bitcoin.com confirms smart contract legal recognition and full tokenization of securities. KuCoin corroborates crypto as collateral. These consistent, independent reports support the claim.
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Summary

Argentina is considering a capital-markets deregulation bill that would allow investment funds to buy digital assets in line with their mandates, permit crypto to be used as collateral and give smart contracts full legal recognition. The draft, prepared by Deregulation Minister Federico Sturzenegger, would also authorize the issuance, custody, transfer and sale of negotiable securities through decentralized technologies, broadening the legal basis for tokenized capital-markets activity. The proposal is still an early draft and may change before it is presented to Congress, but it signals a push to modernize the country’s financial framework around digital assets and blockchain-based market infrastructure.

Terms & Concepts
  • smart contracts: Self-executing digital agreements that automatically carry out actions when preset conditions are met.
  • tokenization: The process of representing traditional assets such as securities in digital form on a blockchain or similar network.
  • collateral: Assets pledged to secure a loan or other financial obligation.