Coinbase Expands to Argentina with VASP License
- Coinbase launched operations in Argentina with a Virtual Asset Service Provider license.
- The license was granted by Argentina’s National Securities Commission.
- Argentina has over 5 million daily crypto users.
- 87% of Argentinians believe crypto can aid financial independence.
- Matías Alberti will lead Coinbase’s operations in Argentina.
Coinbase has begun offering trading and custody services in Argentina after securing a Virtual Asset Service Provider license. This move aims to support Argentinians facing high inflation and currency volatility, with research showing that 87% of the population sees crypto as a path to financial independence. Matías Alberti is set to head the company’s local operations.