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On December 8th, the Central Bank of Argentina (BCRA) is considering lifting the long-standing ban on the provision of cryptocurrency trading and custodial services by traditional Financial Institution Groups. This policy shift represents a major regulatory shift from explicit prohibition to management consolidation. Currently, BCRA regulations prohibit banks from offering or facilitating cryptocurrency trading, but the government of President Javier Milei is evaluating regulatory reforms to all...
Argentina's central bank issued a statement on the agreement reached with the US Treasury, saying that the Argentine central bank and the US Treasury signed a (currency) swap agreement of 20 billion US dollars.
Market news: Argentina's central bank eases foreign exchange market access restrictions for non-resident investors.
Argentina's central bank cut the base rate from 50% to 40%.
Argentina's central bank will change its operating settlement cycle in the wholesale foreign exchange market from T + 0 to T + 1, in line with the initiative promoted by major international markets.
Argentina's central bank reduced the base rate from 60% to 50%.
On April 30, 2024, Pan Gongsheng, Governor of the People's Bank of China, met with visiting Argentine Foreign Minister Diana Mondino and Argentine Central Bank Governor Santiago Bohili. The two sides exchanged views on strengthening financial cooperation between China and Argentina. Deputy Governor of the People's Bank of China Xuan Changneng attended the meeting.
