🇦🇷 ARGENTINA: Central Bank Won’t Push Crypto Into Banking for 2 Years 🏦⏸️
Argentina’s central bank (BCRA) is putting a bank-crypto opening on hold for now. 👇
What’s happening:
🏛️ Under current rules, regulated banks can’t offer, facilitate or intermediate crypto directly
🗣️ BCRA board member Juan Ernesto Curutchet said an opening could come in a second Milei presidency
⏳ That points to a long wait, with no rush from regulators
Why it matters:
📌 Argentines keep using crypto and stablecoins outside the banks, especially to protect savings from inflation 🔥
📌 Exchanges and wallets stay the main on-ramps in the meantime
📌 When banks do open up, it could bring in a lot of new users
My take: Banks are blocked for now, but demand for crypto in Argentina hasn’t gone away. P2P and exchange volume is the thing to watch. 👀
#ArgentinaCentralBankWillNotPushCryptoIntoBankingForTwoYears
#CRYPTO #argentina
$BTC
Argentina’s central bank (BCRA) is putting a bank-crypto opening on hold for now. 👇
What’s happening:
🏛️ Under current rules, regulated banks can’t offer, facilitate or intermediate crypto directly
🗣️ BCRA board member Juan Ernesto Curutchet said an opening could come in a second Milei presidency
⏳ That points to a long wait, with no rush from regulators
Why it matters:
📌 Argentines keep using crypto and stablecoins outside the banks, especially to protect savings from inflation 🔥
📌 Exchanges and wallets stay the main on-ramps in the meantime
📌 When banks do open up, it could bring in a lot of new users
My take: Banks are blocked for now, but demand for crypto in Argentina hasn’t gone away. P2P and exchange volume is the thing to watch. 👀
#ArgentinaCentralBankWillNotPushCryptoIntoBankingForTwoYears
#CRYPTO #argentina
$BTC