Argentina XEM allowing domestic banks to provide crypto services

avatar
CoinMoi
12-09
This article is machine translated
Show original

Argentina is XEM allowing domestic banks to trade digital assets and provide crypto-related services – a move that could dramatically boost the country’s crypto adoption.

According to La Nación , the Central Bank of Argentina (BCRA) is studying changes to the current regulation that prohibits banks from engaging in activities related to digital assets. While details or a timeframe have not been disclosed, a major exchange in Argentina said the change could be approved as early as April 2026.

Experts and local exchanges say that opening up the crypto market to banks will usher in a “new era” for digital asset adoption in Argentina.

According to Chainalysis report (10/2025), Argentina recorded 93.9 billion USD in crypto volume from 7/2022 to 6/2025 – second in Latin America.

Meanwhile, Brazil – the region’s leader in volume – has expanded its legal framework to regulate the digital asset sector, requiring crypto service providers to be licensed by the central bank.

Follow CoinMoi to update the hottest issues of the crypto market okay!!!

The article Argentina XEM allowing domestic banks to provide crypto services appeared first on CoinMoi .

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
59
Add to Favorites
19
Comments