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Argentina bill targets crypto gambling payments

Argentina bill targets crypto gambling payments

Argentina has proposed a bill that would block banks, payment firms, and crypto providers from serving illegal online gambling sites.

Summary

  • Argentina’s bill would block banks, payment firms, and crypto providers from serving illegal gambling operators.
  • The proposal adds prison terms of three to six years for running unauthorized betting systems.
  • Argentina’s move follows Polymarket blocks as countries tighten rules on crypto-based prediction markets.

Argentina’s government has introduced the Bill for the Prevention of Gambling and Regulation of Online Gambling. The proposal aims to control online betting and reduce gambling addiction.

The Ministry of…

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