Cryptocurrency exchanges and banks in Argentina would be preparing alliances in anticipation of a possible regulatory shift that would bring flexibilities to the sector.
The Argentine financial system could be facing one of its most significant changes in years. The Central Bank of the Argentine Republic (BCRA) would be evaluating enabling traditional banks to offer the buying, selling, and custody of cryptocurrencies.
Although there is still no official communication, a cryptocurrency exchange consulted by the local press indicated that approval could be finalized in April 2026. This would give banks enough time to adapt their systems and close the necessary operational alliances.
The interest of banking entities in offering cryptocurrencies is not new in Argentina. In 2022, Galicia, Brubank, and Ualá launched services for buying and selling digital assets such as bitcoin (BTC), but those trials lasted only three days.
As reported by CriptoNoticias, BCRA intervened then and prohibited any operation related to crypto assets within the formal financial system. Since 2024, only exchanges registered as virtual asset service providers (PSAV) can offer cryptocurrencies in Argentina.
Carlos Peralta, head of public affairs at the cryptocurrency platform Bitso, told the press that if the lifting of the prohibition finally advances, banks will have two paths: to develop the necessary infrastructure internally or to partner with exchanges already registered as PSAV.
The executive of Bitso also added that, for the integration to be truly effective, it will be necessary to review the current tax scheme. He particularly talked about the check tax, which currently directly impacts PSAVs while financial entities like banks are exempt. #BTCVSGOLD , #BinanceBlockchainWeek , #BinancehodlerSOMI $BTC , $BNB , $XRP
