Argentina's central bank reiterates crypto ban, says economic fragility insufficient to support integration of crypto assets into banking system

PANews October 11 news, according to Bitcoin.com News, Juan Curutchet, head of financial and foreign exchange institution supervision at the Central Bank of Argentina (BCRA), recently said that crypto assets will not be allowed to integrate into the banking and payment service system in the short term, and the 2022 regulation prohibiting financial institutions from providing crypto services will continue to remain in place. Juan Curutchet pointed out that Argentina's current economic fragility is not sufficient to support the advancement of related measures, and whether the ban will be lifted in the future depends on economic conditions, and the related issue may be discussed during a second Milei term.

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