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Coinbase gains approval to expand service offering in Argentina

Coinbase gains approval to expand service offering in Argentina

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Source: Coin Telegraph

Coinbase’s successful registration in Argentina means it can now offer local payment methods and services in Argentine pesos.

Crypto exchange Coinbase has received a green light from Argentina’s regulators to expand services in the country, where it has operated since 2019.

Argentina’s National Securities Commission (CNV) signed off on a virtual asset service provider (VASP) registration for Coinbase, allowing it to start offering several new services, including local payment methods in the Argentine peso, the exchange said in a Jan. 28 blog post.

Coinbase first introduced crypto-to-crypto conversions and trading in Argentina in April 2019. According to Coinbase, it can now operate within the country’s legal framework for virtual assets as it gradually rolls out more services over the coming months.

Source: Coinbase

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Author: Stephen Katte