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Woofun AI reports that the Argentine government is advancing a draft "Deregulation Bill" authored by Economy Minister Federico Sturzenegger, which seeks to permit Mutual Investment Funds (FCI) to allocate assets to Bitcoin and other cryptocurrencies. The proposal, currently awaiting President Javier Milei's signature before congressional submission, also authorizes the use of virtual assets as collateral and establishes "qualified investor" funds. Under the framework, the Argentine National Securities Commission would limit its oversight of FCIs to legality and technical solvency reviews, while the central bank assumes exclusive regulatory authority over registration and transfer infrastructure for tokenized assets.
Additionally, the draft explicitly allows stocks and convertible bonds to be issued, stored, and traded via crypto networks.