The Central Bank of Argentina is tightening its permissive attitude when it comes to the links between cryptocurrency assets and private banks.
to some local media reports, there may be other motives behind this prohibition by the central bank. The organizations reportedly already consulted the central bank in private, who gave them an approbatory nod, owing to the fact that banks operating with cryptocurrency assets is unregulated, and thus not illegal.
stating the country will disincentivize the use of cryptocurrencies, and allowing private banks to offer these services would be contrary to this.
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