Argentina’s central bank is considering a policy change that could let local banks handle cryptocurrency trades, according to a report from La Nacion.
If approved, this would mark a shift from the country’s previous restrictions on digital assets.
In May 2022, the Banco Central de la República Argentina (BCRA) stopped banks from offering cryptocurrency trading.
Did you know?
Subscribe – We publish new crypto explainer videos every week!
What is a Crypto Mining Pool? Is it Worth it? (Beginner-Friendly)
The ban came after two major banks announced plans to include crypto services. At that time, the BCRA said such actions posed risks for customers and could threaten the wider financial system.
The new report said the central bank is currently exploring updated rules that might allow financial institutions to trade digital currencies directly.
Sources close to the bank told La Nacion that draft regulations are being developed, though no specific timeline has been shared. Some local exchange representatives noted that the new framework could be approved as soon as April 2026.
Talk of this possible change has been circulating among crypto companies, bankers, and regulators for some time. Industry insiders see it as a step toward greater openness in Argentina’s financial system.
A spokesperson from Lemon, a local crypto exchange, told La Nacion that “a more open financial ecosystem will be a key driver for the mass adoption of digital assets in Argentina”.
South Korea announced plans to enforce a rule requiring cryptocurrency exchanges to meet the same “no‑fault” standards as banks. What does the rule include? Read the full story.
Discover more from Earlybirds Invest
Subscribe to get the latest posts sent to your email.
