Bitcoin, Ethereum, Other Coins Now Supported By Argentina’s Biggest Private Bank |


Since 2019, the temperature in Argentina’s crypto ecosystem has been continuously rising, indicating a clear roadmap for mass adoption of bitcoin and other alternate assets.

Argentina’s financial meltdown — marked by rising inflation, a falling currency, and a scarcity of available US dollars for investment — has actually benefited one sector: cryptocurrencies.

How To Get Free Crypto  
5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

Argentinians have been investing in Bitcoin, Tether, Etherium, and Dai as they seek safe havens for their figuratively depleting nest eggs.

Suggested Reading | Louis Vuitton NFT Game Racks Up More Than 2 Million Downloads

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!
Galicia has a total client base of more than 4 million retail and business customers. (Image credit:

Bitcoin & Other New Investment Features

Banco Galicia, Argentina’s largest private bank, stated Tuesday that it will allow customers to invest in bitcoin and other cryptocurrencies through a range of “new investment opportunities.”

“Banco Galicia introduces a new and creative service for its customers, allowing them to purchase, sell, and store cryptocurrencies in a simple, secure, and one-stop shop,” the bank said.

Customers posted screenshots of their purchasing options Tuesday, and Banco Galicia verified the services’ activation in an emailed statement.

Banco Galicia & Lirium Team Up

According to several sources, Banco Galicia’s service is handled in collaboration with Lirium, a Liechtenstein-based crypto product for digital wallets and mobile banking apps.

Banco Galicia allows users to purchase and trade cryptocurrency but not to withdraw or send it, Lirium COO Martin Kopacz explained, adding that the lender also provides a custody service.

Coinbase Banner  

The bank has a total client base of over 4 million retail and business customers. It operates over 600 branch offices worldwide. Kopacz said the company intends to roll out the new crypto service to all of its customers by the middle of this month.

Galicia is a subsidiary of Grupo Financiero Galicia, which is publicly traded in Buenos Aires and on the Nasdaq under the ticker “GGAL.”

BTC total market cap at $730.71 billion on the daily chart | Source:

Suggested Reading | EPA Vs. Bitcoin: Dorsey, Saylor, Others Oppose Lawmakers’ Call For Action Vs. Crypto Mining

Argentina’s Growing Crypto Adoption

Argentina, according to data provided by Deel, has more employees who are paid in cryptocurrency than any other country in the world.

FreeBitcoin Banner  

The number of organizations that allow their employees to receive payments in digital assets has increased by more than 340 percent in less than a year, with small businesses driving the growth.

Over the last two years, the South American country has proven increasingly receptive to bitcoin use.

In August 2021, when asked if he would follow El Salvador in legalizing bitcoin, Argentine President Alberto Fernandez answered, “I don’t want to go too far out on a limb… but there is no reason to say no.”

Featured image from, chart from

Go to Source
Author: Jet Encila

Recommended Crypto Services, Products and Strategies:

The first thing any crypto investor needs is is a reliable and secure Crypto Wallet.  Whether you’re looking for an online wallet, hardware wallet, desktop or mobile wallet, Crypto Renegade provides you with all the Best Crypto Wallets in each category.

Best Crypto Wallets Banner

When you’re ready to buy more crypto, or exchange your coins for others, Crypto Renegade’s list of the Best Crypto Exchanges has you covered.  The Crypto Exchanges recommended here offer everything from simplicity and convenience to advanced trading platforms and profit sharing. 

Best Crypto Exchanges Banner

If you want to learn more about the methods and tools that can be used to find Great Crypto Projects, then be sure to check out Crypto Renegade’s strategy for How To Find The Best Cryptocurrency.

Crypto Strategy Banner

For those people that don’t have any money to invest right now, or just want to understand the technology a bit more, you’ll definitely want to check out Crypto Renegade’s Free Crypto Strategy and start collecting Free Coins today!

Free Crypto Banner

What do you think about cryptocurrency? Do you have any questions about it? Be sure to leave a comment below.

This site uses Akismet to reduce spam. Learn how your comment data is processed.