Argentinas Largest Private Bank Now Allows Users To Buy Bitcoin

  • Banco Galicia is the largest private bank in Argentina by market share and recently announced it will allow its customers to invest in bitcoin and other cryptocurrencies.
  • Argentina is suffering from hyper-inflation as inflation hit a 20 year high just a few weeks ago.
  • Strike, a bitcoin payment infrastructure company, launched in Argentina earlier this year.

Banco Galicia (Nasdaq: GGAL), the largest Argentinian private bank, confirmed that it will allow its users to buy and sell bitcoin and other cryptocurrencies in a series of “new investment options,” in a tweet earlier today.