Argentina’s central bank dealt cryptocurrencies a blow Thursday, prohibiting financial institutions in the South American country from offering clients any operations involving unregulated digital assets.
The monetary authority banned operations that allow bank clients to purchase crypto, just days after two large institutions
Argentines are embracing cryptocurrencies at a quick pace as recurring currency crises and inflation running above 50% annually erodes the value of their savings. The country is among the world’s top 10 ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.