Bitcoin Back In Argentina: Central Bank Removes 3-Year Restrictions
Argentina’s central bank is preparing to let commercial banks offer regulated cryptocurrency services, ending a three-year restriction that kept traditional lenders out of the market, according to recent reports. Related Reading: Bitcoin Boost: Fidelity CEO Confirms Personal Holdings, Hails BTC As ‘Gold Standard’ The change would allow banks to handle trading and custody of a […]
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The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as financial users, having new protections similar to those offered by banks and other financial institutions.
Central Bank of Argentina Strengthens Digital Wallet Supervision
The rise of digital money and crypto in Argentina is causing regulators to pay attention. The Central Bank of Argentina recently issued a set of rules to heighten the level of protection users of popular digital....
The Central Bank of Argentina and government representatives have asked the Bitcoin community to join efforts to eradicate financial exclusion, transform the financial industry, promote financial opportunities, and reduce inflation. Officials made their request at the Latin America Bitcoin & Blockchain Conference (laBITconf), on November 5 in Buenos....
Let's relive the events have that marked the Argentine crypto space since the beginning of the COVID-19 pandemic and hear the opinions of those in the industry that lived them from the inside. The year 2020 will go down in history as the beginning of the COVID-19 pandemic and the way it affected the Argentine economy. But it is also true that Argentina has been dragging along economic problems for decades, with high fiscal pressure, devaluation of the national currency (the Argentine peso), restrictions on the purchase of foreign currency, etc. Beyond that, events have occurred that have....
The Central Bank of Argentina has taken steps to ban private banks from offering cryptocurrency services to customers in the country. The action comes after two banks had started offering cryptocurrency purchasing services from their apps. The measure is said to be directed at mitigating risks associated with cryptocurrency assets.
Central Bank of Argentina Closes Banking Crypto Offers
The Central Bank of Argentina is tightening its permissive attitude when it comes to the links between cryptocurrency assets and private banks. The institution has issued a document that deals with....
Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers of putting their savings behind cryptocurrencies like bitcoin. Central Bank of Argentina Hints at Regulating Bitcoin Transactions Miguel Pesce, the current president of the Central Bank of Argentina, hinted at a possible regulation for bitcoin and bitcoin transactions in a digital financial conference....