“Payment service providers that offer payment accounts may not carry out or facilitate operations with digital assets, including crypto assets, that are not regulated by the competent national authority and authorized by the Central Bank of the Argentine Republic.”
The Argentinian peso is currently down over 98% from its all time high against the US dollar, and BTC is currently at an ATH when priced in the Argentinian peso.
Why don't they also limit USD transactions? OK, they did! With disastrous effects both with and without such currency controls. For one of the wealthiest developing nations, this is a sorry mess.
A country rich in agriculture and resources crippled by corruption - and worse, the corruption is not even intelligent! lol
again, the IMF warned/predicted this - many countries will lose their financial sovereignty - that's the plan of far fewer national currencies.
More central banksterism.
Brazil Central Bank CBDC Pilot Snubs Crypto Firms
The bank requires all would-be participants to be registered and regulated finance or fintech providers.