
Argentina’s central bank is drafting regulations to allow traditional banks to offer crypto trading, with approval possible by April 2026 amid growing adoption and economic challenges.
Argentina’s central bank is preparing regulations that would permit traditional banks to provide cryptocurrency trading services, with potential approval by April 2026, according to local reports. This development follows the election of President Javier Milei and builds on Argentina’s reputation as one of the leading grassroots crypto adopters globally. The move could mark the lifting of the 2022 ban on bank-provided crypto services, aiming to boost adoption amid triple-digit inflation, capital controls, and public distrust of the peso. Between July 2023 and June 2024, Argentines processed $91 billion in on-chain transactions, with stablecoins making up over 60% of activity as a hedge against currency devaluation.