New Argentine bill targets illegal gambling platforms and strengthens penalties
A bill advancing through Argentina’s Congress would impose strict restrictions on cryptocurrency gambling platforms as part of a broader effort to combat gambling addiction, particularly among young people. The proposal would ban gambling operators from accepting crypto payments unless they meet specific regulatory requirements and would tighten rules on advertising, sponsorships, and promotions linked to betting services. Lawmakers backing the measure argue that cryptocurrencies can make gambling more accessible and harder to monitor, increasing risks for vulnerable users. The legislation forms part of a wider regulatory push to strengthen consumer protection, improve oversight of online gambling, and address the rapid growth of digital betting platforms in Argentina.
