The organization Bitcoin Argentina has proposed new rules for regulating the crypto acting market – Bits Media

The non -governmental organization Bitcoin Argentina made a legislative initiative, providing for the protection of investors' savings while maintaining the decentralization of the cryptocurrency industry.

Bitcoin Argentina proposes to introduce three categories in the country's legal framework for confirmation of property rights of cryptocurrency platforms and virtual assets suppliers: Decentralized, local centralized and global centralized, ready for dialogue with the authorities.

At the same time, the platforms, falling under one of two centralized categories, will be allowed to work in the country without restrictions. In turn, Clients of centralized platforms will be provided with the "widest judicial protection", guaranteeing the right to demand compensation for losses in case of collapse of the company.

Bitcoin Argentina is considered, that the relationship of decentralized platforms and their customers should be legally withdrawn from the area of ​​responsibility of the judicial system of Argentina. It means, that in case of customer claims to decentralized projects, courts will not participate in the settlement of disputes.

Previously, Vice President of Crypto-Railway Binance Min Lin (My flax) declared the company's readiness to become a fully adjustable platform in Argentina.