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Coinbase Secures VASP Registration from Argentina's CNV to Serve 5 Million Crypto Users
Coinbase, a leading cryptocurrency exchange, has received regulatory approval to launch its services in Argentina. The company has secured a Virtual Asset Service Provider (VASP) registration from Argentina's National Securities Commission (CNV), marking a significant step in its international expansion strategy. This move is part of Coinbase's mission to increase economic freedom globally. Approximately 5 million Argentines use cryptocurrencies daily, and 87% of the population believes that cryptocurrencies can address financial challenges, including high inflation and transaction costs. Coinbase's expansion into Argentina follows its earlier launch in Brazil, indicating a strategic focus on the Latin American market.
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