Cryptocurrencies
Two Argentine Banks Allow Customers to Buy Cryptocurrencies
- Galicia, Brubank kick off purchases of Bitcoin, Ether, USDC
- Banco Galicia survey found that 60% respondents wanted crypto
A Banco de Galicia bank branch in the financial district of Buenos Aires, Argentina.
Photographer: Erica Canepa/BloombergThis article is for subscribers only.
Argentines have proven to be big fans of cryptocurrencies. Two regulated banks want to be among the first to take advantage of it.
Banco Galicia, the country’s largest private bank by market value, and digital bank Brubank SAU will allow their customers to purchase crypto including Bitcoin, Ether and USDC starting Monday. For Banco Galicia, the decision follows high customer demand, with 60% of respondents in a survey asking for easy access to crypto through their banks.