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Argentina Moves to Lift Ban on Banks Handling Crypto

Published by
Sohrab Khawas

Argentina’s Central Bank (BCRA) is considering lifting its ban on banks’ involvement in crypto, allowing them to trade and hold digital assets under a new regulatory framework. The move would shift from prohibition to regulated oversight, ensuring Bitcoin and stablecoins comply with KYC and AML rules. Approved plans could let banks compete with local crypto exchanges, potentially lowering fees for users. Banks would also need to implement new capital and liquidity measures to manage the risks associated with offering crypto services.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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