#加密行业监管 Is Argentina about to open up banks for crypto trading??? This signal is awesome 🚀 Ban → regulation with rules, from "strict suppression" to "I will regulate you," this is probably the highest form of regulation.
Honestly, this guy from the Milley government is really bold, directly embracing crypto and free markets, completely reversing the stance of those old conservative central banks. The reason behind it is also clear — the Argentine people have long been using BTC and stablecoins to run away, avoiding peso devaluation and foreign exchange controls, and trading volume has already exploded in the shadow system. Instead of blocking, it’s better to loosen up, and simply bring these funds into the formal economy.
What does this mean? Once mainstream banks get involved, VASPs and exchanges will face enormous pressure. Banks have clients, capital, and credit backing, and existing crypto companies might be crushed. But in the long run, this is an inevitable path for crypto to go mainstream — regulation is no longer a killer but a channel 💪
Countries are watching this step. If it succeeds, isn’t the next country to lift restrictions just around the corner? The attitudes of sovereign nations around the world are quietly changing, and this is truly a long-term positive.
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#加密行业监管 Is Argentina about to open up banks for crypto trading??? This signal is awesome 🚀 Ban → regulation with rules, from "strict suppression" to "I will regulate you," this is probably the highest form of regulation.
Honestly, this guy from the Milley government is really bold, directly embracing crypto and free markets, completely reversing the stance of those old conservative central banks. The reason behind it is also clear — the Argentine people have long been using BTC and stablecoins to run away, avoiding peso devaluation and foreign exchange controls, and trading volume has already exploded in the shadow system. Instead of blocking, it’s better to loosen up, and simply bring these funds into the formal economy.
What does this mean? Once mainstream banks get involved, VASPs and exchanges will face enormous pressure. Banks have clients, capital, and credit backing, and existing crypto companies might be crushed. But in the long run, this is an inevitable path for crypto to go mainstream — regulation is no longer a killer but a channel 💪
Countries are watching this step. If it succeeds, isn’t the next country to lift restrictions just around the corner? The attitudes of sovereign nations around the world are quietly changing, and this is truly a long-term positive.