Overview
- Multiple outlets cite sources saying the central bank is preparing regulations to reverse the 2022 bank crypto ban and allow trading and custody through commercial lenders.
- The reported framework would require separate legal units, higher capital and liquidity buffers, institutional‑grade custody, and enhanced KYC/AML under CNV oversight.
- Coverage notes no formal announcement or published draft from the BCRA, with timing described by sources as possible around April 2026 rather than confirmed.
- Analysts expect bank entry to broaden retail access, shift activity from informal channels, and improve tax and foreign‑exchange monitoring, though compliance costs could pressure smaller providers.
- Chainalysis data cited in reports highlights Argentina’s large crypto footprint with roughly 10 million active wallets and about $91 billion in annual on‑chain volume, most of it in stablecoins.