Argentine Banks Poised to Enter Cryptocurrency Market by 2026
The Central Bank of Argentina is reevaluating its ban on cryptocurrency transactions within the banking sector. Proposed changes would permit banks to trade and offer crypto-related services, marking a pivotal shift in the country's financial landscape. Local reports indicate the reforms could take effect by April 2026.
This policy reversal stems from surging demand for digital assets among Argentine consumers and businesses. While the central bank hasn't disclosed specific implementation details, major crypto exchanges operating in Buenos Aires anticipate regulatory approval within the two-year timeframe.
The MOVE positions Argentina at the forefront of Latin America's digital finance evolution. Banking sector participation could accelerate institutional adoption across the region, creating new infrastructure for crypto custody and transactions.
