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Argentina's central bank weighs allowing banks to offer crypto in second Milei term

Argentina's central bank has signaled it may allow banks to offer cryptocurrency services under a second term for President Javier Milei, four years after barring financial institutions from the sector.

Portrait of Argentine President Javier Milei.
Image: @Cointelegraph

Argentina's central bank is considering a potential policy shift that could allow commercial banks to offer cryptocurrency services if President Javier Milei serves a second term, according to reports from Cointelegraph and crypto.news.[3][1][2]

The possible reopening of crypto access for domestic banks would mark a key regulatory reversal, arriving four years after the central bank originally banned financial institutions from providing digital asset services.[1][2][3]

Key facts

  • Argentina's central bank signaled it is considering allowing banks to offer crypto services under a second term for President Javier Milei.
  • The potential policy change would take place four years after the central bank banned financial institutions from offering crypto services.

Sources 路 3 sources

  1. CN

    crypto.news@cryptodotnewsPost on X 路

    JUST IN: Argentina central bank is considering a potential policy shift under a second Milei term Banks could start offering crypto four years after the central bank banned financial institutions from providing crypto services. https://t.co/Vi2rc0v9SN

    Open source
  2. TW

    The Wolf Of All Streets@scottmelkerPost on X 路

    馃嚘馃嚪 ARGENTINA'S CENTRAL BANK SIGNALS BANKS COULD BE ALLOWED TO OFFER CRYPTO SERVICES DURING A SECOND MILEI TERM, FOUR YEARS AFTER IMPOSING A BAN

    Open source
  3. CO

    Cointelegraph@CointelegraphPost on X 路

    馃嚘馃嚪 LATEST: Argentina's central bank says crypto could open up to banks in a second Milei term, four years after it banned them from offering it. https://t.co/zR2cDYeiJ5

    Open source