Argentina's Central Bank May Consider Allowing Private Banks to Engage in Cryptocurrency Transactions

The Central Bank of Argentina is contemplating granting traditional banks the permission to engage in cryptocurrency transactions. If implemented, this could potentially accelerate the adoption of cryptocurrencies, as reported by local media on the 5th. Sources have told LA NACION that a regulatory proposal is being drafted, though details and specific timelines have not been disclosed. Meanwhile, a cryptocurrency exchange based in Argentina claims that this measure could be approved by April 2026. Discussions about such measures have reportedly been ongoing among exchanges, some banks, and regulatory authorities.