Coinbase Wins Approval to Operate in Argentina’s Crypto Market

The post Coinbase Wins Approval to Operate in Argentina’s Crypto Market appeared first on Coinpedia Fintech News

In a recent development, Coinbase has been granted approval by Argentina’s National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP). 

This regulatory green light signifies Coinbase’s commitment to compliance and aims to enhance user protection within Argentina’s legal framework for virtual assets. 

We're approved to launch in Argentina.

This is an important step in our international strategy and another key chapter in our mission to increase economic freedom around the world. pic.twitter.com/bfudgiDuVD

— Coinbase (@coinbase) January 28, 2025

The approval allows Coinbase to provide services like buying, selling, transferring, and storing cryptocurrencies in one of Latin America’s largest economies, thereby expanding its global footprint.

This move is part of Coinbase’s broader strategy to expand internationally, aligning with their mission to increase economic freedom through accessible and secure cryptocurrency trading.