<\/p>\n
Argentina has proposed a bill that would block banks, payment firms, and crypto providers from serving illegal online gambling sites.<\/strong><\/p>\n\n\n Summary<\/span>\n <\/div>\n\n\nArgentina\u2019s bill would block banks, payment firms, and crypto providers from serving illegal gambling operators.<\/li>\nThe proposal adds prison terms of three to six years for running unauthorized betting systems.<\/li>\nArgentina\u2019s move follows Polymarket blocks as countries tighten rules on crypto-based prediction markets.<\/li>\n<\/ul><\/div>\n<\/div>\n<\/p>\nArgentina\u2019s government has introduced<\/a> the Bill for the Prevention of Gambling and Regulation of Online Gambling. The proposal aims to control online betting and reduce gambling addiction.<\/p>\nThe Ministry of Health said the bill seeks to organize the virtual betting market. It also aims to protect children and teenagers from online gambling platforms.<\/p>\n <\/p>\nThe bill would involve several state bodies. These include the central bank, securities regulator, communications agency, and domain registry.<\/p>\nHow would the bill affect crypto payments?<\/strong><\/h2>\nThe proposal directly targets financial access for illegal gambling sites. It would stop banks, payment firms, and virtual asset providers from serving unauthorized operators.<\/p>\n\n\n\nArgentina’s anti-gambling bill puts crypto exchanges on the hook for unlicensed betting<\/p>\nArgentina’s Health Ministry (@MinSalud_Ar<\/a>) submitted a gambling-addiction prevention bill to Congress that, for the first time, explicitly names virtual asset service providers. Banks,\u2026 pic.twitter.com\/HR8jwT1TXg<\/a><\/p>\n\u2014 BSCN (@BSCNews) May 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\nThe ministry said, \u201cfinancial entities, payment service providers or virtual asset providers are prohibited from offering their services to unauthorized gambling operators.\u201d<\/p>\nThat wording places crypto firms inside the payment-control system. Exchanges, payment processors, and fiat on-ramps may need stronger checks if the bill becomes law.<\/p>\nThe bill could also affect offshore betting sites that use crypto deposits. These platforms often rely on digital assets when local payment channels are blocked.<\/p>\nWhy are prediction markets part of the debate?<\/strong><\/h2>\nThe proposal comes after Argentina moved against Polymarket earlier this year. A Buenos Aires court ordered a nationwide block of the prediction market platform in March.<\/p>\nAuthorities said Polymarket operated outside Argentina\u2019s gambling rules. They also raised concerns over crypto payments, identity checks, and access by minors.<\/p>\nAs previously reported by crypto.news, Spain recently blocked Polymarket and Kalshi over gambling license concerns. India also blocked Polymarket after classifying crypto-based prediction markets as prohibited online money gaming.<\/p>\nThese cases show a wider regulatory shift. Governments are treating event-based betting platforms as gambling services when users stake real money on uncertain outcomes.<\/p>\nWhat penalties could apply under the bill?<\/strong><\/h2>\nArgentina\u2019s proposal would also change the Penal Code. It calls for prison terms of three to six years for people who run or organize unauthorized betting systems.<\/p>\nThe bill also proposes two to four years in prison for people who provide key financial, digital, advertising, or technology services to illegal operators.<\/p>\nAdvertising rules would also tighten. Media firms, influencers, agencies, and digital platforms would need to verify that gambling operators have official approval before promoting them.<\/p>\nThe bill still needs congressional review. If passed, it would give Argentina a stronger tool to cut illegal gambling sites from payment and crypto rails.<\/p>\n <\/p><\/div>\n
Argentina\u2019s government has introduced<\/a> the Bill for the Prevention of Gambling and Regulation of Online Gambling. The proposal aims to control online betting and reduce gambling addiction.<\/p>\nThe Ministry of Health said the bill seeks to organize the virtual betting market. It also aims to protect children and teenagers from online gambling platforms.<\/p>\n <\/p>\nThe bill would involve several state bodies. These include the central bank, securities regulator, communications agency, and domain registry.<\/p>\nHow would the bill affect crypto payments?<\/strong><\/h2>\nThe proposal directly targets financial access for illegal gambling sites. It would stop banks, payment firms, and virtual asset providers from serving unauthorized operators.<\/p>\n\n\n\nArgentina’s anti-gambling bill puts crypto exchanges on the hook for unlicensed betting<\/p>\nArgentina’s Health Ministry (@MinSalud_Ar<\/a>) submitted a gambling-addiction prevention bill to Congress that, for the first time, explicitly names virtual asset service providers. Banks,\u2026 pic.twitter.com\/HR8jwT1TXg<\/a><\/p>\n\u2014 BSCN (@BSCNews) May 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\nThe ministry said, \u201cfinancial entities, payment service providers or virtual asset providers are prohibited from offering their services to unauthorized gambling operators.\u201d<\/p>\nThat wording places crypto firms inside the payment-control system. Exchanges, payment processors, and fiat on-ramps may need stronger checks if the bill becomes law.<\/p>\nThe bill could also affect offshore betting sites that use crypto deposits. These platforms often rely on digital assets when local payment channels are blocked.<\/p>\nWhy are prediction markets part of the debate?<\/strong><\/h2>\nThe proposal comes after Argentina moved against Polymarket earlier this year. A Buenos Aires court ordered a nationwide block of the prediction market platform in March.<\/p>\nAuthorities said Polymarket operated outside Argentina\u2019s gambling rules. They also raised concerns over crypto payments, identity checks, and access by minors.<\/p>\nAs previously reported by crypto.news, Spain recently blocked Polymarket and Kalshi over gambling license concerns. India also blocked Polymarket after classifying crypto-based prediction markets as prohibited online money gaming.<\/p>\nThese cases show a wider regulatory shift. Governments are treating event-based betting platforms as gambling services when users stake real money on uncertain outcomes.<\/p>\nWhat penalties could apply under the bill?<\/strong><\/h2>\nArgentina\u2019s proposal would also change the Penal Code. It calls for prison terms of three to six years for people who run or organize unauthorized betting systems.<\/p>\nThe bill also proposes two to four years in prison for people who provide key financial, digital, advertising, or technology services to illegal operators.<\/p>\nAdvertising rules would also tighten. Media firms, influencers, agencies, and digital platforms would need to verify that gambling operators have official approval before promoting them.<\/p>\nThe bill still needs congressional review. If passed, it would give Argentina a stronger tool to cut illegal gambling sites from payment and crypto rails.<\/p>\n <\/p><\/div>\n
The Ministry of Health said the bill seeks to organize the virtual betting market. It also aims to protect children and teenagers from online gambling platforms.<\/p>\n
The bill would involve several state bodies. These include the central bank, securities regulator, communications agency, and domain registry.<\/p>\n
The proposal directly targets financial access for illegal gambling sites. It would stop banks, payment firms, and virtual asset providers from serving unauthorized operators.<\/p>\n\n\n\nArgentina’s anti-gambling bill puts crypto exchanges on the hook for unlicensed betting<\/p>\nArgentina’s Health Ministry (@MinSalud_Ar<\/a>) submitted a gambling-addiction prevention bill to Congress that, for the first time, explicitly names virtual asset service providers. Banks,\u2026 pic.twitter.com\/HR8jwT1TXg<\/a><\/p>\n\u2014 BSCN (@BSCNews) May 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\nThe ministry said, \u201cfinancial entities, payment service providers or virtual asset providers are prohibited from offering their services to unauthorized gambling operators.\u201d<\/p>\nThat wording places crypto firms inside the payment-control system. Exchanges, payment processors, and fiat on-ramps may need stronger checks if the bill becomes law.<\/p>\nThe bill could also affect offshore betting sites that use crypto deposits. These platforms often rely on digital assets when local payment channels are blocked.<\/p>\nWhy are prediction markets part of the debate?<\/strong><\/h2>\nThe proposal comes after Argentina moved against Polymarket earlier this year. A Buenos Aires court ordered a nationwide block of the prediction market platform in March.<\/p>\nAuthorities said Polymarket operated outside Argentina\u2019s gambling rules. They also raised concerns over crypto payments, identity checks, and access by minors.<\/p>\nAs previously reported by crypto.news, Spain recently blocked Polymarket and Kalshi over gambling license concerns. India also blocked Polymarket after classifying crypto-based prediction markets as prohibited online money gaming.<\/p>\nThese cases show a wider regulatory shift. Governments are treating event-based betting platforms as gambling services when users stake real money on uncertain outcomes.<\/p>\nWhat penalties could apply under the bill?<\/strong><\/h2>\nArgentina\u2019s proposal would also change the Penal Code. It calls for prison terms of three to six years for people who run or organize unauthorized betting systems.<\/p>\nThe bill also proposes two to four years in prison for people who provide key financial, digital, advertising, or technology services to illegal operators.<\/p>\nAdvertising rules would also tighten. Media firms, influencers, agencies, and digital platforms would need to verify that gambling operators have official approval before promoting them.<\/p>\nThe bill still needs congressional review. If passed, it would give Argentina a stronger tool to cut illegal gambling sites from payment and crypto rails.<\/p>\n <\/p><\/div>\n
\nArgentina’s anti-gambling bill puts crypto exchanges on the hook for unlicensed betting<\/p>\nArgentina’s Health Ministry (@MinSalud_Ar<\/a>) submitted a gambling-addiction prevention bill to Congress that, for the first time, explicitly names virtual asset service providers. Banks,\u2026 pic.twitter.com\/HR8jwT1TXg<\/a><\/p>\n\u2014 BSCN (@BSCNews) May 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\nThe ministry said, \u201cfinancial entities, payment service providers or virtual asset providers are prohibited from offering their services to unauthorized gambling operators.\u201d<\/p>\nThat wording places crypto firms inside the payment-control system. Exchanges, payment processors, and fiat on-ramps may need stronger checks if the bill becomes law.<\/p>\nThe bill could also affect offshore betting sites that use crypto deposits. These platforms often rely on digital assets when local payment channels are blocked.<\/p>\nWhy are prediction markets part of the debate?<\/strong><\/h2>\nThe proposal comes after Argentina moved against Polymarket earlier this year. A Buenos Aires court ordered a nationwide block of the prediction market platform in March.<\/p>\nAuthorities said Polymarket operated outside Argentina\u2019s gambling rules. They also raised concerns over crypto payments, identity checks, and access by minors.<\/p>\nAs previously reported by crypto.news, Spain recently blocked Polymarket and Kalshi over gambling license concerns. India also blocked Polymarket after classifying crypto-based prediction markets as prohibited online money gaming.<\/p>\nThese cases show a wider regulatory shift. Governments are treating event-based betting platforms as gambling services when users stake real money on uncertain outcomes.<\/p>\nWhat penalties could apply under the bill?<\/strong><\/h2>\nArgentina\u2019s proposal would also change the Penal Code. It calls for prison terms of three to six years for people who run or organize unauthorized betting systems.<\/p>\nThe bill also proposes two to four years in prison for people who provide key financial, digital, advertising, or technology services to illegal operators.<\/p>\nAdvertising rules would also tighten. Media firms, influencers, agencies, and digital platforms would need to verify that gambling operators have official approval before promoting them.<\/p>\nThe bill still needs congressional review. If passed, it would give Argentina a stronger tool to cut illegal gambling sites from payment and crypto rails.<\/p>\n <\/p><\/div>\n
Argentina’s anti-gambling bill puts crypto exchanges on the hook for unlicensed betting<\/p>\n
Argentina’s Health Ministry (@MinSalud_Ar<\/a>) submitted a gambling-addiction prevention bill to Congress that, for the first time, explicitly names virtual asset service providers. Banks,\u2026 pic.twitter.com\/HR8jwT1TXg<\/a><\/p>\n\u2014 BSCN (@BSCNews) May 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\nThe ministry said, \u201cfinancial entities, payment service providers or virtual asset providers are prohibited from offering their services to unauthorized gambling operators.\u201d<\/p>\nThat wording places crypto firms inside the payment-control system. Exchanges, payment processors, and fiat on-ramps may need stronger checks if the bill becomes law.<\/p>\nThe bill could also affect offshore betting sites that use crypto deposits. These platforms often rely on digital assets when local payment channels are blocked.<\/p>\nWhy are prediction markets part of the debate?<\/strong><\/h2>\nThe proposal comes after Argentina moved against Polymarket earlier this year. A Buenos Aires court ordered a nationwide block of the prediction market platform in March.<\/p>\nAuthorities said Polymarket operated outside Argentina\u2019s gambling rules. They also raised concerns over crypto payments, identity checks, and access by minors.<\/p>\nAs previously reported by crypto.news, Spain recently blocked Polymarket and Kalshi over gambling license concerns. India also blocked Polymarket after classifying crypto-based prediction markets as prohibited online money gaming.<\/p>\nThese cases show a wider regulatory shift. Governments are treating event-based betting platforms as gambling services when users stake real money on uncertain outcomes.<\/p>\nWhat penalties could apply under the bill?<\/strong><\/h2>\nArgentina\u2019s proposal would also change the Penal Code. It calls for prison terms of three to six years for people who run or organize unauthorized betting systems.<\/p>\nThe bill also proposes two to four years in prison for people who provide key financial, digital, advertising, or technology services to illegal operators.<\/p>\nAdvertising rules would also tighten. Media firms, influencers, agencies, and digital platforms would need to verify that gambling operators have official approval before promoting them.<\/p>\nThe bill still needs congressional review. If passed, it would give Argentina a stronger tool to cut illegal gambling sites from payment and crypto rails.<\/p>\n <\/p><\/div>\n
\u2014 BSCN (@BSCNews) May 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\nThe ministry said, \u201cfinancial entities, payment service providers or virtual asset providers are prohibited from offering their services to unauthorized gambling operators.\u201d<\/p>\nThat wording places crypto firms inside the payment-control system. Exchanges, payment processors, and fiat on-ramps may need stronger checks if the bill becomes law.<\/p>\nThe bill could also affect offshore betting sites that use crypto deposits. These platforms often rely on digital assets when local payment channels are blocked.<\/p>\nWhy are prediction markets part of the debate?<\/strong><\/h2>\nThe proposal comes after Argentina moved against Polymarket earlier this year. A Buenos Aires court ordered a nationwide block of the prediction market platform in March.<\/p>\nAuthorities said Polymarket operated outside Argentina\u2019s gambling rules. They also raised concerns over crypto payments, identity checks, and access by minors.<\/p>\nAs previously reported by crypto.news, Spain recently blocked Polymarket and Kalshi over gambling license concerns. India also blocked Polymarket after classifying crypto-based prediction markets as prohibited online money gaming.<\/p>\nThese cases show a wider regulatory shift. Governments are treating event-based betting platforms as gambling services when users stake real money on uncertain outcomes.<\/p>\nWhat penalties could apply under the bill?<\/strong><\/h2>\nArgentina\u2019s proposal would also change the Penal Code. It calls for prison terms of three to six years for people who run or organize unauthorized betting systems.<\/p>\nThe bill also proposes two to four years in prison for people who provide key financial, digital, advertising, or technology services to illegal operators.<\/p>\nAdvertising rules would also tighten. Media firms, influencers, agencies, and digital platforms would need to verify that gambling operators have official approval before promoting them.<\/p>\nThe bill still needs congressional review. If passed, it would give Argentina a stronger tool to cut illegal gambling sites from payment and crypto rails.<\/p>\n <\/p><\/div>\n
The ministry said, \u201cfinancial entities, payment service providers or virtual asset providers are prohibited from offering their services to unauthorized gambling operators.\u201d<\/p>\n
That wording places crypto firms inside the payment-control system. Exchanges, payment processors, and fiat on-ramps may need stronger checks if the bill becomes law.<\/p>\n
The bill could also affect offshore betting sites that use crypto deposits. These platforms often rely on digital assets when local payment channels are blocked.<\/p>\n
The proposal comes after Argentina moved against Polymarket earlier this year. A Buenos Aires court ordered a nationwide block of the prediction market platform in March.<\/p>\n
Authorities said Polymarket operated outside Argentina\u2019s gambling rules. They also raised concerns over crypto payments, identity checks, and access by minors.<\/p>\n
As previously reported by crypto.news, Spain recently blocked Polymarket and Kalshi over gambling license concerns. India also blocked Polymarket after classifying crypto-based prediction markets as prohibited online money gaming.<\/p>\n
These cases show a wider regulatory shift. Governments are treating event-based betting platforms as gambling services when users stake real money on uncertain outcomes.<\/p>\n
Argentina\u2019s proposal would also change the Penal Code. It calls for prison terms of three to six years for people who run or organize unauthorized betting systems.<\/p>\n
The bill also proposes two to four years in prison for people who provide key financial, digital, advertising, or technology services to illegal operators.<\/p>\n
Advertising rules would also tighten. Media firms, influencers, agencies, and digital platforms would need to verify that gambling operators have official approval before promoting them.<\/p>\n
The bill still needs congressional review. If passed, it would give Argentina a stronger tool to cut illegal gambling sites from payment and crypto rails.<\/p>\n
<\/p><\/div>\n