Central Bank of Argentina: If Millay is re-elected, banks may provide crypto services

According to Cointelegraph, Argentina's central bank revealed in the context of President Javier Millay's possible re-election, if he is successfully elected, banks may start providing cryptocurrency-related services in his second term. This statement comes more than four years after the agency previously completely banned banks from engaging in cryptocurrency services. The report pointed out that the Central Bank of Argentina has imposed restrictions on banks conducting cryptocurrency business, but the current statement implies that the policy environment may create conditions for banks to restart their cryptocurrency service business after Millay's re-election. However, key details such as specific implementation time, access standards and service scope have not yet been announced.