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Today in crypto, Argentina has introduced new rules for Crypto companies. Meanwhile, in the United States, a new bill aims to formalize the executive decree of former president Donald Trump to establish a strategic bitcoin reserve. However, the Democratic representative Gerald is pressure for the US Treasury to stop all efforts to create a crypto reserve.

Argentina finalizes the rules for virtual asset providers

Argentine securities regulator finalized the rules For virtual active service providers (VASP), which cover the general conduct codes and the custody requirements for cryptocurrency exchanges and other platforms facilitating digital asset transactions.

The regulations were published on March 13 by the National Securities Commission, also known as CNV, under general resolution n ° 1058.

According to a translated version of announcementThe regulations require “the obligations concerning registration, cybersecurity, the care of assets, the prevention of money laundering and the disclosure of risks” on the basins operating in the country.

The declared objective of the rules is to guarantee “transparency, stability and protection of users in the cryptographic ecosystem”, said the ad.

Argentine tax lawyer Diego Fraga said that the final directives include the compulsory separation of business funds and customers, annual audits and monthly reports to the CNV.

Since 2024, the basins operating in Argentina required to register With the register of virtual asset service providers, also known as PSAV. According to new rules, registrations can be revoked for non-compliance and any company operating without registration may be blocked by court order.

US rep. Byron Donalds to present Bill Codifying Trump’s Bitcoin reserve

A new bill To be introduced to Congress aims to formalize the executive decree of President Donald Trump establishing a reserve of American strategic bitcoin, a decision that could further integrate bitcoin into the country’s financial strategy.

Trump signed a decree on March 7 to use Bitcoin (BTC) seized in government criminal affairs To establish a national reserve.

The legislation, introduced by the American representative Byron Donalds, seeks to ensure that the Bitcoin reserve becomes a permanent element, preventing future administrations from dismantling it by executive action.

“For years, the Democrats have waged war on the crypto,” said Donalds, a Florida Republican Bloomberg. “It is now time for Congress Republicans to decisively end this war.”

If the bill is adopted, it would guarantee that the Bitcoin Strategic Reserve and the Stock of the US digital assets could not be eliminated via executive actions by a future administration.

The bill will require at least 60 votes in the Senate and a majority of the chamber. With Republicans hold a majority in the Senate – and in the midst of a generally more user -friendly environment – the bill has a chance to pass.

The Democratic legislator urges the Treasury to stop Trump’s Bitcoin reserve plans

Democratic legislator has called on the US TreasuryY “Ceep all attempts” to create a strategic cryptography reserve in the United States.

House representative Gerald E. Connolly from Michigan critical The “cryptocurrency reserve” in a letter of March 13 to the Secretary of the Treasury Scott Bessent, declaring that it does not bring “any noticeable advantage for the American people” and would rather enrich the president and his donors.

Connolly said Trump’s plans would constitute a “non-solid fiscal policy” because she chooses certain cryptocurrencies compared to others via social media and would also waste the dollars of taxpayers.

However, the White House said that digital asset stocks will only hold the cryptocurrency already lost. At the same time, Bitcoin (BTC) the reserve will only make acquisitions through Budget neutral strategies This will have no impact on taxpayers.