The statement contradicts alleged leaks hinting at a possible deregulation of digital assets, with bank sources claiming a draft to allow banks to offer crypto services was in the works.

This means the 2022 BCRA’s ban on financial institutions offering crypto services will hold, with its elimination depending on the state of the economy before an upcoming presidential election.

Curutchet acknowledged that Argentina’s economic standing offered limited leverage to advance these solutions, but stressed that these were valid issues to discuss.

“In a country where the perception of vulnerability and fragility has decreased significantly, more than today, and with full economic freedom, these are issues on which progress must be made….