Kraken expands access across LATAM, launching local funding in Argentina and Mexico
2025-07-10 15:05:52
Main Idea
Kraken expands its crypto services in Argentina and Mexico by offering local currency funding and regulatory compliance, aiming to provide faster, simpler access to its platform.
Key Points
1. Kraken is now registered as a Virtual Asset Service Provider (VASP) with Argentina’s Comisión Nacional de Valores (CNV), ensuring full compliance with local regulations.
2. The expansion includes local currency funding (ARS and MXN) through trusted domestic payment methods, enhancing accessibility for users in Argentina and Mexico.
3. Clients in these countries benefit from automatic USD conversion at competitive rates, access to 350+ digital assets, and industry-leading security.
4. Mark Greenberg, Global Head of Consumer at Kraken, highlighted Argentina and Mexico as among the most active and resilient crypto communities globally.
5. This move aligns with Kraken’s broader strategy to strengthen its presence in Latin America by leveraging local payment rails and regulatory clarity.
Description
Deepening our investment in Latin America, we are rolling out local currency funding in Argentina and Mexico, two of the region’s most active crypto markets. This expansion reflects our ongoing commitment to building trusted, compliant and localized infrastructure to support crypto adoption across the globe. With these new integrations, clients in both countries can now deposit their local currencies — ARS and MXN — through trusted domestic payment methods, giving them faster, simpler access to ...
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