2ez4dhanz

Argentina’s central bank has put crypto banking on hold—for at least two years. According to Bitcoin.com, Juan Curutchet, head of financial regulation at Argentina’s central bank (BCRA), made it clear: banks and payment institutions will not be allowed to engage with crypto assets for the next two years, and the existing ban will remain in place. The reason is straightforward: the economy is still too fragile—so fragile that it’s “not possible to move forward on too much.” But the door isn’t completely closed. Curutchet described the issue as “on the agenda”: if Milei wins reelection, crypto could be permitted during his second term. That’s a contrast with the hardline stance in 2022, when Banco Galicia announced crypto services and was shut down by the central bank less than 48 hours later. Interestingly, despite the ban, Argentina’s banking sector isn’t sitting idle: several banks are pursuing institutional-grade stablecoin projects through independent entities. After all, the country has 10 million crypto users and $91 billion in on-chain transactions, over 60% of which involve stablecoins like $USDT. With the peso losing value, the demand is real. Regulators can wait two years. Users can’t. #ArgentinaCentralBankWillNotPushCryptoIntoBankingForTwoYears This does not constitute investment advice. DYOR; trading involves risk.