Central bank considers revising ban on digital asset operations, aiming to boost adoption by 2026
Argentina is evaluating changes to its banking regulations that could permit domestic banks to trade cryptocurrencies and provide crypto-related services. The move signals a potential shift toward broader mainstream crypto adoption in the country, aligning with trends across Latin America.
Currently, the Central Bank of the Argentine Republic (BCRA) prohibits financial institutions from engaging in digital asset activities, limiting access to crypto for everyday users. Reports indicate that regulatory revisions could take effect as early as April 2026, potentially enabling banks to integrate crypto trading and custody services.
Experts and exchanges say allowing banks to handle cryptocurrencies would accelerate mass adoption, offering safer and more regulated access to digital assets for the public. Argentina has already seen significant crypto engagement, with $93.9 billion in transaction volume recorded between July 2022 and June 2025 ranking second in Latin America, according to recent data from Chainalysis.
The initiative follows a regional trend, with neighboring Brazil expanding financial regulations to cover crypto, requiring service providers to obtain central bank authorization. This suggests a growing regulatory focus on integrating digital assets into formal financial systems while ensuring oversight and compliance.
If implemented, Argentina’s policy shift could pave the way for bank-led crypto adoption, offering both retail and institutional users secure channels for buying, selling, and managing digital assets, and signaling a maturation of the Latin American crypto market.
Analysts expect the regulatory change to attract more investment, improve liquidity, and expand access to cryptocurrencies across the country.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.