Argentine electronic bank Uala has been asked to suspend its cryptocurrency operations, and customers must sell their holdings within 30 days

ChainCatcher news, according to Crypto News, Argentine electronic bank Uala has been asked to suspend its cryptocurrency business, and customers must sell their holdings within 30 days. Uala currently has 300,000 users holding cryptocurrencies. Previously, it launched cryptocurrency trading services in November last year.

Earlier, the Central Bank of Argentina prohibited payment platforms from offering digital assets such as Bitcoin to customers, stating that this move aims to mitigate the risks that operating with crypto assets may pose to financial service users and the national payment system. (Source link)