Tuesday, July 5

Central Bank of the Argentine Republic orders reserve requirement for virtual wallet funds By CoinTelegraph

© Reuters. Central Bank of the Argentine Republic orders reserve requirement for virtual wallet funds

The Board of Directors of the Central Bank of the Argentine Republic (BCRA) established that financial entities must constitute a reserve of 100% of the funds deposited by payment service providers that offer payment accounts (PSPOCP), known as virtual wallets, ” to preserve them from contingencies and guarantee that they are always available to savers ”, as they pointed out. The BCRA reported on this through a statement and its Twitter account (NYSE :).

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Reference-es.investing.com

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