Argentina: BCRA Issues Warning Against Crypto Assets in Financial System
Description
BCRA Issues Warning Against Crypto Assets in Financial System
On 5 May 2022, the Banco Central de la República Argentina (BCRA), Argentina's Central Bank, issued a warning discouraging financial entities including banks from carrying out services involving unauthorised crypto assets for their customers. In doi…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank