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Coinbase Receives Approval to Expand Services Into Argentina

Roughly 5 million Argentinians use crypto daily, according to Coinbase.

Güncellendi 28 Oca 2025 ös 3:12 Yayınlandı 28 Oca 2025 ös 2:56 AI tarafından çevrildi
Flag of Argentina (Angelica Reyes/Unsplash)
Coinbase will soon expand its services to users in Argentina after receiving regulatory approval in the country. (Angelica Reyes/Unsplash)

What to know:

  • Coinbase said it received regulatory approval to offer services in Argentina.
  • The expansion is part of the company's efforts to increase economic freedom globally.
  • Shares of Coinbase were little changed at the start of U.S. trading.

Crypto exchange Coinbase (COIN) said it received regulatory approval to offer services to users in Argentina.

The company received a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV), it said in a blog post on Tuesday.

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Başka bir hikayeyi kaçırmayın.Bugün Crypto Daybook Americas Bültenine abone olun. Tüm bültenleri gör

The expansion is part of the exchange’s mission to increase economic freedom globally. In 2023, Coinbase launched its services in Brazil as a first push into the Latin American region.

Roughly 5 million Argentinians use crypto on a daily basis, Coinbase said, and 76% of adults see crypto as a solution to some of their financial frustrations, including high inflation and transaction costs. Operations will be led by Matìas Alberti, who previously worked in the fintech field at Buenbit and Clara.

Reklam

Coinbase shares were little changed at the start of Nasdaq trading. They have added 8% this year to $277.84 at press time, roughly tracking the price of bitcoin (BTC).

UPDATE (Jan. 28, 15:11 UTC): Adds further details about Coinbase's Latin America expansion.



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