Unregulated crypto trading is a risk to investors and the financial system, Central Bank says Pressures from the IMF, after a recent debt restructuring deal, may have played a role in this decision Argentina’s central bank has decided to ban unregulated crypto transactions in traditional banks. Once regarded as a...
Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases. Bloomberg reported on Monday that a resounding 60% of respondents to an Argentinian poll asked for more access to crypto, which catalyzed the banks’ decisions to begin allowing crypto...
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Fed hikes interest rates by...
The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of the country’s largest banks signaled they were opening up to digital assets. On Thursday, the BCRA said the move was to mitigate the risks crypto poses to users and...
Banco Galicia’s move targets young clients and highlights a global trend in crypto adoption by traditional banks Argentines are increasingly using cryptocurrency to protect their savings against rampant inflation Banco Galicia, Argentina’s biggest private bank by market cap, has added crypto trading to its investment platform, the bank confirmed Monday....
Argentina’s Schools will Teach About Bitcoin and Blockchain Some 4,000 students who participate in the educational project will learn about the benefits of a decentralized financial system based on blockchain technology. In the initial phase of the project, training and vocational guidance will also be offered to teachers and students...
Argentina’s government has signaled it will discourage the use of cryptocurrencies as part of a proposed, nearly $45 billion debt restructuring deal with the International Monetary Fund (IMF), leaving the country’s crypto sector questioning what this policy could mean if approved. In a memorandum outlining financial policies under the debt...
