Argentina has submitted a bill to Congress that would expand online gambling regulation to include virtual asset service providers. Under the proposal, banks, fintech companies, crypto exchanges and wallet providers would be barred from providing services to unlicensed betting platforms, with violations carrying prison terms of two to four years. The bill also calls for stricter due diligence, transaction monitoring and KYC requirements. The new report adds that the proposed restrictions could increase compliance costs and may set a regulatory precedent affecting broader digital finance oversight.