Crypto.com Secures VASP Registration in Argentina CVN

• Crypto.com gets VASP approval from Argentina’s CNV.
• The company plans to roll out localized services in Argentina.
• The company continues to expand its global regulatory portfolio.

Crypto.com has secured a Virtual Asset Service Provider (VASP) license from the National Securities Commission (CNV) in Argentina. The VASP license allows the platform to offer regulated cryptocurrency services across the country. The company aims to further collaborate with CNV to acquire a complete operating license under the new regulations.

Crypto.com Secures Argentina’s VASP registration

The approval allows Crypto.com to strengthen its market presence in Latin America. The platform launched its ARS fiat wallet services in 2022. The company plans to introduce more services on its Crypto.com app as part of its localized market development.

Argentina offers the company a substantial opportunity for business growth. Research indicates that 46% of Argentine citizens consider crypto debit card expenditure important. Moreover, the survey results showed that 57% of participants wanted to start cryptocurrency investments in the next year.

Crypto.com strategic investments in Argentina are part of its regional expansion strategy. The company introduced its Visa Card across the Latin American region in November 2024. Additionally, the company established a strategic business alliance with BTG Pactual, a top investment bank, in February 2024.

Crypto.com has built its reputation because of its commitment to regulatory compliance and security standards. The platform serves more than 100 million users across the world. The platform provides users access to crypto trading, staking, and lending functions, as well as Visa debit cards.

Global Expansion

Crypto.com continues to grow its global regulatory portfolio through the addition of this new approval. The firm holds a MiCA license in the European Union and multiple U.S. Money Transmitter Licenses. Moreover, the platform is licensed to operate as a Major Payment Institution in Singapore and as a Virtual Asset Service Provider in Dubai.

The company gained recognition for its dedication to security and privacy practices. The platform continues to expand across the world to create a secure and regulated environment for crypto users. The company seeks to to launch a comprehensive crypto platform for local users.

The platform aims to launch its services to meet Argentina’s increased demand for cryptocurrency adoption. Customers can use Crypto.com’s localized product services to access a secure and regulated trading platform. This move represents a major advancement in the company’s plan to expand its business operations across Latin America.