Argentina’s Central Bank reportedly plans to allow banks to offer customers crypto-related services in 2026. According to the Argentinian conservative newspaper, La Nacion, the nation may lift its ban on banks offering cryptocurrency services next year. The pro-crypto shift comes as President Javier Milei’s administration looks to follow other countries that have done the same, including the US.
The new rules for banks could be ready as soon as April 2026, La Nacion reported, quoting sources close to the BCRA. President Milei is expected to support the new cryptocurrency legislation, being historically pro-Bitcoin (BTC). “With legal tender, they scam you with the inflationary tax. Bitcoin is the natural reaction against central bank scammers; to make money private again,” he was quoted as saying about the BTC market.
Crypto Bull Run On The Way?
Argentina’s ban on banks offering crypto is still in effect. The law to lift the ban has not yet been passed. However, there is a high chance that the cryptocurrency market will react positively to the ban lift.
Indeed, the cryptocurrency market has seen an upward trend over the last 24 hours, including Bitcoin, and may continue this trend following Argentina’s announcement. Given the rise in cryptocurrency support from financial institutions and several nations, it may prove to be a prudent move to allow banks to offer cryptocurrency services to their clients. As mentioned previously, other countries, including the US, have begun to invest in the digital asset industry. Bank of America, JPMorgan, and other US-based institutions have changed their tune on crypto in 2025, marking 2026 as another potentially big year.
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In Latin America, only Brazil has the most explicit and comprehensive laws permitting and regulating commercial banks to provide crypto services. Meanwhile, Panama is permissive but lacks a central bank-driven framework to regulate the crypto industry. El Salvador is historically pro-Bitcoin, but only this year passed clearer regulations to allow crypto services in the country. As crypto grows across that continent and the world, more countries may follow Argentina, further pushing crypto into traditional finance.