Coinbase Expands into Argentina with VASP License
- Coinbase received a Virtual Asset Service Provider (VASP) license from Argentina’s National Securities Commission (CNV).
- The company aims to expand its global user base from over 600 million to 1 billion.
- Matías Alberti has been appointed to lead Coinbase’s operations in Argentina.
- Argentina is recognized as one of the most crypto-friendly countries in Latin America.
- This move follows Binance’s entry into the Argentine market with CNV approval.
Coinbase’s acquisition of a VASP license in Argentina marks a strategic step in expanding its global reach, aiming to grow its user base significantly while capitalizing on the country’s favorable crypto environment.
Source (2.6)https://coingape.com/just-in-coinbase-gains-approval-to-launch-in-argentina/?rand=24432
