Some people say that was the motivation.. some others say that it was due to banks lobby as the central bank has previously limited banks from having crypto so they didn’t want the “crypto exchanges” to have an advantage. Others think that it’s a way to block Mercado Pago from doing that integration adding crypto as they are more than 90% of the digital fiat wallets today (Mercado libre CEO is opositor to this government)
No one really knows