The post Coinbase Expands to Argentina with VASP Registration appeared on BitcoinEthereumNews.com.

Coinbase secures VASP registration in Argentina, expanding its services and offering local payment options to millions of crypto users. CEO Brian Armstrong claims Bitcoin is a better form of money than gold, while highlighting improved crypto policies under the Trump administration. Coinbase has finally obtained an official license as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV). Argentina: Fast-Expanding Crypto Market Regarding cryptocurrency, Argentina is one nation that cannot be overlooked. About five million Argentines utilize cryptocurrency daily at now. Actually, according to a recent poll, 87% of them think this digital asset will help to boost financial independence. Given this, Coinbase finds a great prospect here. Once VASP registration is obtained, Coinbase may now provide more ideal services, including customer assistance in Spanish and local payment alternatives in Argentine pesos. Moreover, they intend to start educational programs aiming at raising local financial literacy. We’re approved to launch in Argentina. 🇦🇷 This is an important step in our international strategy and another key chapter in our mission to increase economic freedom around the world. pic.twitter.com/bfudgiDuVD — Coinbase 🛡️ (@coinbase) January 28, 2025 Under Direction of Fintech Experts Coinbase hired Matías Alberti as its expansion head in Argentina to guarantee flawless running of its operations. Alberti is not any average person. He had formerly worked for numerous well-known financial startups including Buenbit and Clara. Given this background, Coinbase is hopeful Alberti will be able to introduce their offerings to a greater level in this nation. The Director of America for Coinbase, Fabio Plein, further underlined that this development fits the company’s plan to increase blockchain-based financial availability to more individuals. Crypto as Alternative in the Middle of Crisis Many citizens in Argentina, particularly with severe inflation, have sought alternatives to safeguard their wealth due to difficult economic…

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Filed under: News - @ January 29, 2025 12:27 pm