Share this article
Coinbase Receives Approval to Expand Services Into Argentina
Roughly 5 million Argentinians use crypto daily, according to Coinbase.
Updated Jan 28, 2025, 3:12 p.m. Published Jan 28, 2025, 2:56 p.m.
What to know:
- Coinbase said it received regulatory approval to offer services in Argentina.
- The expansion is part of the company's efforts to increase economic freedom globally.
- Shares of Coinbase were little changed at the start of U.S. trading.
Crypto exchange Coinbase (COIN) said it received regulatory approval to offer services to users in Argentina.
The company received a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV), it said in a blog post on Tuesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The expansion is part of the exchange’s mission to increase economic freedom globally. In 2023, Coinbase launched its services in Brazil as a first push into the Latin American region.
Roughly 5 million Argentinians use crypto on a daily basis, Coinbase said, and 76% of adults see crypto as a solution to some of their financial frustrations, including high inflation and transaction costs. Operations will be led by Matìas Alberti, who previously worked in the fintech field at Buenbit and Clara.
Coinbase shares were little changed at the start of Nasdaq trading. They have added 8% this year to $277.84 at press time, roughly tracking the price of bitcoin (BTC).
UPDATE (Jan. 28, 15:11 UTC): Adds further details about Coinbase's Latin America expansion.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
