Argentina Central Bank Keeps Crypto Ban for Banks for Two Years as Trading Tops $88.5B

Argentina central bank official Juan Curutchet said the 2022 ban on crypto services for financial institutions will remain for two more years. He cited economic vulnerability. Banking groups are still building an institutional stablecoin project for programmable money and onchain payments. Crypto trading in Argentina exceeded $88.5 billion in the year to June 30, ranking second in Latin America.