Argentina’s monetary authority has closed the door on any near-term integration of cryptocurrencies into the formal banking and payments system, citing persistent economic fragility as the decisive constraint.

Juan Curutchet, Superintendent of Financial and Foreign Exchange Institutions at the Banco Central de la República Argentina (BCRA), made the position clear during the Pulso 2026 event organized by the Cámara de Medios de Pago.

Speaking as he prepared to leave the stage, he volunteered that neither full dollar liberalization nor crypto-related changes would occur in the current year, while signaling that both topics could surface under a potential second presidential term for Javier Milei.

Curutchet framed the issue as…