Argentine central bank restricts crypto asset purchases

Central bank continues with measures to resist peso’s decline by curbing digital assets

The Central Bank of Argentina
Javier Pierini

The Central Bank of Argentina has taken new measures to prevent members of the public using crypto assets as a means of payment, in a move that appears to be intended to close off a possible route for capital flight.

In a note published on October 31, the central bank warned that purchases of bitcoin (BTC) and other crypto assets using credit cards would be prohibited from November 1.  

“Acquisition of bitcoin and cryptocurrencies: it is prohibited to purchase BTC with [credit cards]. The only

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: