On July 14, 2025, the National Securities Commission (the “NSC”), through Joint Signature Resolution 23191/2025 (the “Resolution”), provisionally suspended a Virtual Asset Service Provider (“VASP”), for possible irregular conduct.
The NSC’s suspension was issued within the framework of an investigation carried out by the Commission’s Inspections and Investigations Management, based on the suspicion of irregular conduct by the VASP, as reported by the Ministry of Mining of the Province of San Juan and other documentation collected.
The NSC’s sanctioning authority in cases of non-compliance with the regulated requirements, conditions, and obligations is governed by the Capital Markets Law and the Penal Law.
This preventive measure aims to provide immediate and effective protection for the investing public, in light of the identification of circumstances that may constitute violations, and will remain in effect until subsequent developments make it advisable to review the measure.
