#ArgentinaCentralBankWillNotPushCryptoIntoBankingForTwoYearsBig update from Argentina's Central Bank!
Head of regulation Juan Curutchet confirmed: Banks will NOT offer crypto trading until 2028. The 2022 ban stays.
Reason? Economic fragility. They don't want to add risk now.
But here's the twist 👇
Argentina received $88.5B in crypto in last year alone! 2nd biggest in LATAM. Demand is not stopping.
Banks are now creating separate companies to launch their OWN stablecoins to bypass the ban.
This proves one thing: You can ban banks, but you can't ban crypto adoption in high-inflation economies.
What do you think - is this a smart move or a missed opportunity for Argentina?
#Argentina central bank will not push crypto into banking for two years #ArgentinaCentralBankWillNotPushCryptoIntoBanking rypto #BTC C #Stablecoins #CryptoNews
Head of regulation Juan Curutchet confirmed: Banks will NOT offer crypto trading until 2028. The 2022 ban stays.
Reason? Economic fragility. They don't want to add risk now.
But here's the twist 👇
Argentina received $88.5B in crypto in last year alone! 2nd biggest in LATAM. Demand is not stopping.
Banks are now creating separate companies to launch their OWN stablecoins to bypass the ban.
This proves one thing: You can ban banks, but you can't ban crypto adoption in high-inflation economies.
What do you think - is this a smart move or a missed opportunity for Argentina?
#Argentina central bank will not push crypto into banking for two years #ArgentinaCentralBankWillNotPushCryptoIntoBanking rypto #BTC C #Stablecoins #CryptoNews