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Argentina's Central Bank May Let Banks Offer Crypto Again

Key Takeaways

  • Argentina’s central bank is reviewing whether to let traditional banks trade cryptocurrencies, which marks a possible policy shift;
  • The 2022 ban on crypto trading for banks may be replaced with new rules, with approval potentially coming by April 2026;
  • Local crypto firms see the move as a step toward a more open financial system and the adoption of digital assets.

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Argentina's Central Bank May Let Banks Offer Crypto Again

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.

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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.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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