• The Central Bank of Argentina has banned financial institutions from offering services that involve cryptocurrencies like Bitcoin.
  • The ban comes days after Argentina’s largest private bank announced it would offer such services to its customers.
  • A warning issued by the central bank last year showed its reluctance towards cryptocurrencies, which is also reflected in today’s ban.

The Central Bank of Argentina (BCRA) said in a statement Thursday that the country’s financial institutions are banned from offering services that involve bitcoin or other cryptocurrencies to customers.

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