Crypto.com, claiming to be “trusted” by more than 100 million customers worldwide and a firm focused on regulatory compliance, security and privacy, has secured its Virtual Asset Service Provider (VASP) registration from the National Securities Commission (CNV) of Argentina.
This registration will allow Crypto.com to offer “a fully regulated suite of products and services in Argentina.”
Crypto.com will continue to work with the CNV to “attain its full operating license under the new regulations announced on March 14, 2025.”
Alain Yacine, President of Latin America of Crypto.com said:
“The LATAM market, and Argentina specifically, is a rapidly growing market for crypto adoption and enthusiasts and central to the Crypto.com growth strategy. We are proud to achieve this latest regulatory milestone, and excited to provide Argentine consumers and traders a most comprehensive and secure crypto trading experience.”
Crypto.com will now begin rolling out “a localized product portfolio available through the Cyrpto.com App.”
Crypto.com previously launched ARS fiat wallet services in 2022.
Additionally, according to a Crypto.com study of Argentine citizens, “nearly half (46%) of respondents believe it is important or very important to be able to spend crypto using debit card, and more than half (57%) indicated that they are likely or very likely to invest in cryptocurrency in the next 12 months.”
This is Crypto.com’s latest milestone in Latin America, “following the launch of its Crypto.com Visa Card in LATAM in November 2024 and partnering with leading LATAM investment bank BTG Pactual in February 2024.”
This regulatory approval adds to Crypto.com’s list of licenses and registrations globally, including “a MiCA license, various U.S. Money Transmitter Licenses, U.S. Designated Contracts Market and Derivatives Clearing Organization licenses, a Major Payment Institution license in Singapore, a UK Electronic Money Institution license, and a Virtual Asset Service Provider license in Dubai.”
Founded in 2016, Crypto.com is said to be trusted by more than 100 million customers worldwide and is focused on ensuring regulatory compliance, security and privacy.
Their vision is: Cryptocurrency in Every Wallet.
Crypto.com explained that it is committed to accelerating the adoption of cryptocurrency through “innovation and empowering the next generation of builders, creators, and entrepreneurs to develop a fairer and more equitable digital ecosystem.”