Svmuu News: The Argentine government is moving forward with plans to relax capital market regulations, proposing to allow mutual funds (FCI) to invest in Bitcoin and cryptocurrencies, and to permit virtual assets to be used as collateral. This measure stems from the draft “Deregulation Bill” prepared by Economy Minister Federico Sturzenegger, which is currently awaiting President Javier Milei’s signature before being submitted to Congress.The draft explicitly permits FCIs to allocate assets to virtual assets and to establish “accredited investor” funds.The Argentine National Securities Commission’s oversight of FCIs is limited to reviewing legal compliance and technical solvency; the Central Bank will have exclusive oversight of the infrastructure for the registration or transfer of cryptocurrencies and tokenized assets. The draft also explicitly permits the issuance, storage, and trading of securities—such as stocks and convertible bonds—via cryptocurrency networks.