The central bank of Argentina has banned financial institutions from offering any services involving cryptocurrencies like bitcoin.
The ban comes days after the largest private bank in Argentina announced it would begin offering such services to its clients.
An alert released from the central bank last year showed its reluctance to cryptocurrencies, also exhibited in today’s ban.
The Central Bank of the Argentine Republic (BCRA) announced in a Thursday statement that financial institutions in the country are banned from offering clients any services involving Bitcoin or other cryptocurrencies.