The BCRA said there are still no rules established on the Argentine's crypto sector, and as such, local banks can not offer digital asset services.
Argentina’s Central Bank to Ban Local Institutions From Providing Crypto ServicesThe BCRA said there are still no rules established on the Argentine’s crypto sector, and as such, local banks can not offer digital asset services.
with crypto wallet Lirium to provide cryptocurrency services to customers. Both parties outlined the high demand users have displayed for digital assets as reasoning, especially from the younger generations.that domestic monetary institutions are banned from offering such opportunities as the BCRA has still not imposed regulations on the industry.
Like many other central banks, the BCRA outlined some of the most talked-about potential risks surrounding digital assets. The institution opined that bitcoin and altcoins are highly volatile, and they could be used in money-laundering and terrorist financing.
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