As reported by BitcoinWorld, Argentina’s Central Bank (BCRA) is considering a policy shift that would allow traditional banks and financial firms to offer cryptocurrency services, including trading and custody. The move aims to integrate crypto into the regulated financial system, enhancing KYC and AML compliance and simplifying tax collection. The proposal could bring institutional-grade security and accessibility to crypto users, but may also increase competition for existing crypto service providers. The BCRA must draft a robust regulatory framework to manage risks before any implementation.
Argentina's Central Bank Considers Allowing Banks to Offer Crypto Services
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