{"id":62565,"date":"2025-12-09T06:01:44","date_gmt":"2025-12-09T06:01:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=62565"},"modified":"2025-12-09T06:01:44","modified_gmt":"2025-12-09T06:01:44","slug":"bitcoin-back-in-argentina-central-bank-removes-3-year-restrictions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=62565","title":{"rendered":"Bitcoin Back In Argentina: Central Bank Removes 3-Year Restrictions"},"content":{"rendered":"<div>\n<p>Argentina\u2019s central bank is preparing to let commercial banks offer regulated cryptocurrency services, <a href=\"https:\/\/parameter.io\/argentina-considers-lifting-bank-ban-on-cryptocurrency-services\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener nofollow\">ending a three-year restriction<\/a> that kept traditional lenders out of the market, according to recent reports.<\/p>\n<p>The change would allow banks to handle trading and custody of a limited set of digital assets under tighter rules and monitoring.<\/p>\n<h2>Banks Could Reopen Crypto Desks Under New Rules<\/h2>\n<p><a href=\"https:\/\/www.banklesstimes.com\/articles\/2025\/12\/08\/central-bank-of-argentina-to-let-private-offer-crypto-trading-custody-services\/?utm_source=chatgpt.com\" target=\"_blank\" rel=\"noopener nofollow\">Reports<\/a> have disclosed that the <a href=\"https:\/\/www.bcra.gob.ar\/\" target=\"_blank\" rel=\"noopener nofollow\">Banco Central de la Rep\u00fablica Argentina<\/a> (BCRA) is reviewing a regulatory framework that would permit banks to provide crypto trading and custody, but only within a controlled, licensed setup.<\/p>\n<p>The move responds to heavy use of <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin<\/a> and stablecoins by many Argentines as a shield against peso weakness and inflation.<\/p>\n<p>Analysts say banks would likely need separate units, stronger custody systems and clear compliance checks before they can serve customers.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f1e6-1f1f7.png\" alt=\"\ud83c\udde6\ud83c\uddf7\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> ARGENTINA\u2019S CENTRAL BANK JUST ANNOUNCED BANKS CAN OFFER <a href=\"https:\/\/twitter.com\/hashtag\/BITCOIN?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">#BITCOIN<\/a> AND CRYPTO SERVICES<\/p>\n<p>HERE WE GO!! <a href=\"https:\/\/t.co\/0yCYXLT4MA\" rel=\"nofollow\">pic.twitter.com\/0yCYXLT4MA<\/a><\/p>\n<p>\u2014 Vivek Sen (@Vivek4real_) <a href=\"https:\/\/twitter.com\/Vivek4real_\/status\/1997940232247976311?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">December 8, 2025<\/a><\/p>\n<\/blockquote>\n<h2>Background: Why Banks Were Barred<\/h2>\n<p>The prohibition dates back to May 2022, when the central bank barred banks from transacting in or offering services for cryptocurrencies that were not formally regulated by the authorities.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: Argentina\u2019s central bank is drafting rules to let banks offer crypto trading and custody, putting them in direct competition with exchanges under tighter KYC rules.<\/p>\n<p>Huge move for Argentina <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f680.png\" alt=\"\ud83d\ude80\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/RMz2icnC81\" rel=\"nofollow\">pic.twitter.com\/RMz2icnC81<\/a><\/p>\n<p>\u2014 Conor Kenny (@conorfkenny) <a href=\"https:\/\/twitter.com\/conorfkenny\/status\/1997951570239979797?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">December 8, 2025<\/a><\/p>\n<\/blockquote>\n<p>That rule effectively prevented lenders from listing crypto products inside their apps or taking custody on behalf of clients. The ban pushed most retail activity toward registered Virtual Asset Service Providers (VASPs) and overseas platforms.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/S3gn4gIe\/\" width=\"1835\" height=\"909\"><br \/>\nWhat The New System Would Build On<\/p>\n<p>Based on reports, any shift would build on the country\u2019s recent steps to regulate <a href=\"https:\/\/www.trmlabs.com\/glossary\/virtual-asset-service-provider-vasp\" target=\"_blank\" rel=\"noopener nofollow\">VASPs<\/a>. The Comisi\u00f3n Nacional de Valores (CNV) has already issued registration criteria and AML\/CFT requirements for local crypto firms, including technical rules on custody and \u201ctravel rule\u201d compliance.<\/p>\n<p>Those existing rules are likely to form the baseline for the bank licensing regime, with extra safeguards for depositors and liquidity.<\/p>\n<p><img loading=\"lazy\" data-recalc-dims=\"1\" decoding=\"async\" class=\"aligncenter size-full wp-image-642143\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/12\/a_db1e23.png?resize=759%2C461\" alt=\"\" width=\"759\" height=\"461\" srcset=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/12\/a_db1e23.png?w=759 759w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/12\/a_db1e23.png?w=640 640w, https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/12\/a_db1e23.png?w=750 750w\" sizes=\"auto, (max-width: 759px) 100vw, 759px\"><\/p>\n<p>How This Could Affect Users And The Market<\/p>\n<p>For everyday savers who turned to digital coins to protect savings, a bank-led service could mean easier access through familiar apps and possibly stronger institutional custody \u2014 though it would not erase price risk.<\/p>\n<p>Regulators are expected to insist on explicit risk disclosures and limits; client holdings in crypto would not automatically carry the same guarantees as insured bank deposits.<\/p>\n<p>Market players say initial offerings may focus on major assets such as Bitcoin and established stablecoins, rather than a wide array of tokens.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Argentina\u2019s central bank is preparing to let commercial banks offer regulated cryptocurrency services, ending a three-year restriction that kept traditional lenders out of the market, according to recent reports. The change would allow banks to handle trading and custody of a limited set of digital assets under tighter rules and monitoring. Banks Could Reopen Crypto [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-62565","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62565","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62565"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/62565\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62565"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62565"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62565"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}