Amid the increasingly regulatory controversy that emerged in Argentina two years ago as the result of the lack of a regulatory policy, we find ourselves at battles in several fronts. Banks attempt to discourage FinTech expansion; FinTechs aim to make all sort of business and to transact freely with certain users and investment funds and; lastly, regulatory agencies such as the Banco Central (BCRA) (Central Bank), the Comisión Nacional de Valores (CNV) (National Securities Commission), the Unidad de Información Financiera (UIF) (Financial Information Unit) and the Administración Federal de Ingresos Públicos (AFIP) (Federal Administration of Public Revenue) must pursue regulatory compliance to ensure legal transactions and the state control over all transactions in such a dynamic (financial) universe that demands a quick reaction.
In this article we will consider some of the hottest topics today. The discussion over the interoperable QR and 3.0 transfers that enabled FinTech a better interaction with bank funds is an issue of the past. For a better idea of the BCRA rule that settled the matter, we recommend to enter the following link.