Bybit, the world’s second-largest cryptocurrency, reinforced its commitment to regulatory collaboration and the advancement of digital assets in Latin America at Regulation Day 2025, Crecimiento’s flagship event which took place at Devconnect ARG in Argentina. Devconnect ARG is the first Ethereum World’s Fair championing real-world utility and featuring over 75 emerging projects in more than 40 events across Buenos Aires.

The fourth edition of Regulation Day brought together the domain expertise of regulators, legislators, and private sector leaders. Over 1,500 attendees of Devconnect ARG addressed critical issues in virtual assets and artificial intelligence. Patricio Mesri, CEO of Bybit LATAM, and Mykolas Majauskas, Senior Director of Policy at Bybit, exchanged insights on the on-chain economy and the path forward for effective and progressive regulations with attendees from across sectors.

In a panel titled ”Public-Private Collaboration in Crypto: VASP’s Role in Policymaking”, Bybit’s Mykolas Majauskas shared the stage with industry executives including Manuel Beaudroit, Co-founder and CEO of Belo, Julián Colombo, Senior Director (South America) of Bitso, and Connor Spelliscy, Head of Global Policy Strategy at the Ethereum Foundation. The session, moderated by Crecimiento’s Milagros Santamaria, delved into the evolving regulatory landscape in Latin America and the role digital asset service providers can play in shaping the industry’s long-term success.

In 2025, Argentina has solidified its position as a progressive force in digital asset regulation. Recognizing crypto as a digital asset, Argentina’s policymakers have incorporated it as part of broader economic reforms.

“In Latin America, crypto is not theory — it’s a tool people rely on every day. Regulation that protects users while enabling innovation is what will unlock the full potential of digital assets for the real economy. And effective regulation starts with dialogue,” said Mykolas Majauskas, Senior Director of Policy at Bybit. “Argentina’s openness to engage with industry, learn from global standards, and adapt frameworks to local realities is exactly what drives healthy and sustainable growth in this sector,” he shared.

Argentina moved $93.9 billion in crypto transaction volume between 2024 and June 2025, ranking second in the Latin American crypto market, following Brazil.

Caption: Bybit’s Mykolas Majauskas speaking at the panel “Public-Private Collaboration in Crypto: VASP’s Role in Policymaking“ at Regulation Day 2025.

Crypto’s LATAM Chapter Needs Progressive Regulations

Real-world applications are demonstrating crypto’s potential to provide practical solutions to systemic economic challenges.

"In this part of the world, crypto is not about exclusivity, but inclusion. More and more people are moving past speculation and using stablecoins for daily life," said Patricio Mesri, CEO of Bybit LATAM. "Digital assets are changing real life and touching real people in Argentina and beyond. From access to capital to affordable payment methods, financial inclusion is happening on-chain right here in Latin America.”

"The regulatory progress we’re seeing in Argentina and across Latin America creates a foundation for sustainable growth," added Mesri. "Clear frameworks give both consumers and businesses the confidence to engage with digital assets, and that’s what will drive mainstream adoption."

Regulation Day has become Argentina’s leading space to discuss the future of tech regulation. Within the framework of Devconnect, Regulation Day 2025 strengthens bridges between the public sector and the tech industry, positioning Argentina as a regional hub for dialogue, regulation, and innovation. Bybit’s participation reflects its strategic objective to deepen dialogues with local and regional policymakers across the Latin American region.