Argentina’s Central Bank Demands Personal Details of Country’s Bitcoin Buyers

09

Apr'21

Argentina Central Bank Demands Personal Details of Country’s Bitcoin Buyers

NewsBusinessArgentina’s Central Bank Demands Personal Details of Country’s Bitcoin BuyersIn an attempt to explore whether further regulation is needed, Argentina's central bank is demanding that financial institutions turn over information on crypto traders.By Jose Antonio Lanz3 min readApr 9, 2021Apr 9, 2021The Centavo is worth 0.01 of a peso. Image: Shutterstock In brief Argentina's central bank has sent notice to regional banks in the country to report which customers are buying or holding Bitcoin and other cryptocurrencies. It's part of a year-long effort to curb illicit Bitcoin trading and further regulate the market within the country. The Central Bank of Argentina has requested that all banking institutions in the country submit information about customers who have carried out any transaction with Bitcoin or other cryptocurrencies, or hold cryptocurrencies in their digital portfolios. The move furthers a plan that President Alberto Fernandez set in motion last y..

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