The Central Bank of Argentina is considering lifting the ban on banks’ crypto-related activities, allowing banks to conduct crypto trading and custody services under a new regulatory framework, marking an official shift from “prohibition” to “regulation.” This move aims to bring the widespread use of BTC and stablecoins for storage and transactions into a compliant system, strengthen KYC/AML, and improve tax traceability. If implemented, banks may directly compete with local trading platforms, driving down fees and reshuffling the industry. However, regulators will still need to establish capital and liquidity risk standards to ensure system stability.