Coinbase secures approval to launch in Argentina
The company, led by fintech expert Matías Alberti in Argentina, plans to offer trading services alongside educational initiatives, focusing on security and compliance to build trust in the local market.
Coinbase has received regulatory approval to operate in Argentina, securing a Virtual Asset Service Provider licence from the National Securities Commission. The approval allows the exchange to offer its services within Argentina’s virtual asset framework, marking a significant step in its global expansion.
With inflation soaring and the local currency struggling, cryptocurrency adoption has surged in Argentina. Around 5 million Argentinians use crypto daily, viewing it as a tool to protect their wealth and access global financial markets. A recent Coinbase survey found that 87% of locals see digital assets as a way to enhance economic independence.
Coinbase’s operations in Argentina will be led by fintech expert Matías Alberti. The company plans to combine trading services with educational initiatives to help users navigate the risks and benefits of crypto. The company has highlighted security and compliance as key priorities, aiming to build trust in a market where financial stability remains a major concern.
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