According to news on May 14, Argentine electronic bank Uala will suspend its cryptocurrency business, and customers must sell their assets. Uala currently has 300,000 users holding cryptocurrencies in its digital wallets, who are required to sell them within 30 days. Uala will sell these cryptocurrencies with a 5 percent commission and settle in pesos at a rate similar to MEP dollars. According to news last week, the Central Bank of Argentina stated in a statement that payment platforms are now prohibited from providing digital assets such as Bitcoin to customers to reduce user risks.