The Central Bank of Argentina is considering allowing banks to offer cryptocurrency trading services.

ChainCatcher reported that the Central Bank of Argentina (BCRA) is considering lifting the long-standing ban on traditional financial institutions offering cryptocurrency trading and custody services. This policy shift represents a major regulatory adjustment from outright prohibition to regulatory integration.

Currently, BCRA regulations prohibit banks from providing or facilitating cryptocurrency trading, but President Javier Milei's administration is evaluating regulatory reforms that would allow banks to formally enter the market under a strict new framework. This move is a pragmatic response to the reality that Argentinians have become some of the most active cryptocurrency adopters globally, relying on Bitcoin and stablecoins to preserve value amid long-term inflation and currency volatility.