Argentine central bank restricts crypto asset purchases

The Central Bank of Argentina
Javier Pierini

The Central Bank of Argentina has taken new measures to prevent members of the public from 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 warns 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

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