Bannd Cryptocurrency Argentina central bank has ordered all financial institutions

Bannd Cryptocurrency Argentina central bank has ordered all financial institutions 

Argentina's central bank has ordered all financial institutions to suspend all transactions involving cryptocurrencies and assets.

Argentina : According to the foreign ccr news agency the Central Bank of Argentina announced the suspension of transactions on cryptocurrency just a few days ago when the banks of Argentina in view of  growing popularity of bitcoin & other cryptocurrencies around the world. Added the option to buy & sell them on their platform.

Argentina Cryptocurrency Business:A statement issued by the Banco Central Republic of Argentina BCRA said that not all banks & financial institutions allow their clients to conduct operations related to digital assets while banks also provide cryptocurrency transaction services to customers. Cannot provide because they are not regulated by the central bank.

Statement said that  ban on cryptocurrency transactions would-also apply to all assets whose returns are determined on the basis of changes in cryptocurrencies.

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Earlier this week Argentina largest private bank, Banco Galicia added the option to buy and sell cryptocurrencies on its platforms. Another private bank Borough Bank also offered its customers the option to purchase cryptocurrencies such as bitcoins ethers USD coins and ripples.