Please don’t skip this message — it only takes a minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent, ‘bitcoin-only’ media is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 is all we ask for. To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send sats as a tip to a writer. All of our writers have an active tipping widget.
  • Join our campaign on 
    Awesome perks are waiting for you such as the limited edition Bukele Blend Coffee from El Salvador.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.


Argentinian Central Bank Bans Payment Apps from Providing Bitcoin Services to Users


Support free writers: > send a tip

written by

Argentina’s central bank has imposed stricter regulations on bitcoin. According to a recent announcement, the bank has prohibited payment platforms from providing customers with digital assets such as Bitcoin. The Central Bank of the Argentine Republic (BCRA) stated that this measure aims to “reduce risks.”

Several well-known companies, including fintech leader Ualá and online marketplace Mercado Libre, provide their customers with the option to engage in bitcoin trading.

The statement explained that payment service providers offering payment accounts are prohibited from conducting or facilitating transactions involving unregulated digital assets, including bitcoin, unless authorized by the Central Bank of the Argentine Republic (BCRA) and regulated by the appropriate national authority.

The bank did not provide further explanation in the announcement, apart from citing customer protection as the primary reason. As a result, major platforms such as Mercado Libre, often referred to as Latin America’s equivalent of Amazon, will no longer be able to provide Bitcoin purchasing services to Argentinian users.

Currently, Argentina, the third-largest economy in Latin America, is facing one of the highest inflation rates globally. Last month, the inflation rate surpassed 100%, marking the first time it has reached such levels in three decades.

Several digital currency startups in Argentina, along with a prominent presidential candidate, have advocated for the use of bitcoin as a solution for everyday Argentinians who struggle to save money or face the risk of falling into poverty due to the depreciation of the national currency, the peso.

Bitcoin’s popularity is on the rise in Argentina. Buenos Aires hosted the LaBitConf event, attracting key players in the industry – including MicroStrategy founder Michael Saylor – to discuss Argentina’s growing role in the bitcoin ecosystem.

Enjoyed the article?

100% of your tips go directly to [email protected]
Need a wallet? Get it here

⚡️ Tip The Author

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


bitcoin shop miami

Read More Bitcoin News

Hayek And Bitcoin

Hayek and Bitcoin

Hayek passed long before Bitcoin’s inception, but in his book The Denationalisation of Money, he argued for nothing short of stripping the state of its monopoly power of money itself.

Read More »


bitcoin shop miami

Join our Newsletter

Video of the Week


Latest on Bitcoin News

Join our Newsletter