Argentina Moves to Let Banks Offer Bitcoin and Crypto Services

Argentina's central bank, the Banco Central de la República Argentina (BCRA), is reportedly developing regulations that would permit commercial banks to offer Bitcoin and cryptocurrency trading and custody services to their clients, potentially starting in April 2026. This move would reverse a 2022 ban imposed due to financial stability and money laundering concerns. Under the proposed framework, banks would need to operate these services through separate legal units with higher capital and security requirements, fully complying with KYC and AML standards set by the National Securities Commission (CNV). This policy shift is seen as an effort to modernize finance amid Argentina's high inflation, which has driven citizens toward crypto to preserve savings. The move is also influenced by the pro-financial freedom stance of President Javier Milei and mirrors global regulatory trends, such as those seen in the US and Europe.

(Source：Bitcoin Magazine)