Mercado Libre founder criticizes BCRA loan cost disclosure rule

Marcos Galperin, founder of Mercado Libre, publicly questioned a Central Bank of Argentina (BCRA) regulation requiring disclosure of the Effective Annual Total Financial Cost (CFT) indicator in loans. The criticism targets regulatory burden and transparency requirements in Argentina's financial system. This is a notable pushback from a major fintech figure against central bank policy, potentially signaling friction between private sector and regulators.