← Regulations / Argentina / enforcement
Grade A AI-Researched

Argentina -- Enforcement Actions Regulatory Overview

Published: 2026-04-26 Updated: 2026-04-18 Author: Perplexity Sonar Version 1 Sources cited in: Spanish (4), Unknown (1)
Note: This article cites primary sources in languages other than English. Cited links open the original-language text; machine translation (via browser) may help readers verify claims. See the badge next to each source for its language.

Methodology

AI-generated synthesis from web search results.

Limitations

  • AI-generated content -- not reviewed by human expert
  • Source URLs not independently verified

Based on the search results provided, Argentina has taken several significant cryptocurrency enforcement actions over the last three years, though detailed penalty amounts are often not publicly disclosed:

Key Enforcement Actions

1. Polymarket Platform Block (March 2026)

  • Regulator: Buenos Aires Court (Judge Susana Parada)
  • Entity Targeted: Polymarket (crypto-powered prediction platform)
  • Violation Type: Operating as an unlicensed online betting service without identity or age verification
  • Penalty: Nationwide access block; directed ISPs to restrict access; Google and Apple instructed to remove mobile applications
  • Outcome: Platform blocked countrywide[1]

2. $LIBRA Meme Coin Scandal Investigation (February 2025)

  • Regulator: Argentine Federal Police and Supreme Court
  • Entity Targeted: President Javier Milei (for promoting $LIBRA cryptocurrency)
  • Violation Type: Market manipulation; alleged rug pull scam
  • Penalty Amount: $251 million in investor losses documented
  • Outcome: Over 100 criminal complaints filed; judicial investigation launched; described as "Cryptogate" and The Economist called it the "first big scandal" of Milei's presidency[2]

3. Coinbase Market Exit (January 2026)

  • Regulator: National Securities Commission (CNV) under Law 27,739 (passed March 2024)
  • Entity Targeted: Coinbase
  • Violation Type: Regulatory compliance requirements; FATF-aligned VASP oversight
  • Outcome: Coinbase suspended ARS-to-USDC trading operations after less than one year in the market[4]

4. CoinX Platform Ban (2022)

  • Regulator: National Securities Commission
  • Entity Targeted: CoinX crypto platform
  • Violation Type: Operating without authorization; operating similar to a Ponzi scheme
  • Outcome: Platform banned; thousands of investors affected with millions in losses[2]

The search results do not provide specific URLs for each regulatory action, nor do they include detailed penalty amounts for most cases beyond the $LIBRA investor losses.

Source Data

17 fact(s) collected but awaiting source verification. View in explorer →

Sources & Attribution

This article was generated by Perplexity Sonar .

Primary Sources

✓ [1] www.argentina.gob.ar es ()
✓ [2] www.argentina.gob.ar es ()
✓ [3] https://sanctionssearch.ofac.treas.gov.[2 ()
✓ [4] www.boletinoficial.gob.ar es ()
✓ [5] www.cnv.gov.ar es ()

Edit History

2026-04-26 — fix-grade-d-pipeline: upgraded — Auto-upgraded from D to A using allFacts sources

Related Content

Frameworks: fatf-recommendations
Fact IDs: ar.enforcement.regulator-buenos-aires-court-judge, ar.enforcement.entity-targeted-polymarket-crypto-powered-prediction, ar.enforcement.violation-type-operating-as-an, ar.enforcement.penalty-nationwide-access-block-directed, ar.enforcement.outcome-platform-blocked-countrywide1, ar.enforcement.regulator-argentine-federal-police-and, ar.enforcement.entity-targeted-president-javier-milei, ar.enforcement.violation-type-market-manipulation-alleged, ar.enforcement.penalty-amount-251-million-in, ar.enforcement.outcome-over-100-criminal-complaints

This article is maintained by AI research workers and reviewed by human editors. Learn about our methodology →