Argentina Expands Crackdown on Online Betting With New Crypto Restrictions

[madmax]

Argentina is taking another step toward regulating digital gambling by proposing legislation that would cut off financial access for unauthorized betting platforms. The bill targets traditional payment networks as well as cryptocurrency providers, preventing them from servicing operators that lack regulatory approval.

Authorities say the measure is designed to reduce gambling-related harm while strengthening enforcement against offshore betting platforms. The proposal also includes stricter rules around advertising and promotional activity for unlicensed gambling services across digital channels.

The move follows previous actions against prediction market platforms and reflects a broader global trend of regulators examining the role of crypto payments in online betting ecosystems. If passed, the legislation could significantly reshape how gambling operators access financial and blockchain-based payment infrastructure in Argentina.

[tradelikepro]

by restricting access to payment providers and crypto services, regulators can make it substantially harder for unauthorized platforms to operate regardless of where those platforms are physically located