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Argentina weighs allowing domestic banks to offer crypto services

The Block
Argentina's Central Bank is considering changes to permit local banks to offer digital asset trading and crypto services.

Summary

The Central Bank of the Argentine Republic (BCRA) is reportedly working on modifying existing rules that currently prohibit domestic banking institutions from engaging in digital asset-related activities. Local experts and crypto exchanges suggest that allowing banks to offer these services could trigger a new wave of mass crypto adoption in the region. While specific details and timelines are undisclosed, one major local exchange indicated that approvals for these changes might occur as early as April 2026. This development follows a report showing Argentina had the second-largest crypto transaction volume in Latin America, totaling $93.9 billion between July 2022 and June 2025.

(Source:The Block)