Cryptocurrency exchange Bitget announced that it has completed registration in Argentina as a Virtual Asset Service Provider (PSAV) under the National Securities Commission (CNV) PSAV registry. The approval forms part of the company’s ongoing expansion across Latin America, where it is strengthening its regulatory presence in multiple jurisdictions. Argentina becomes one of several markets where Bitget has secured local registrations as part of its compliance-driven growth strategy.
The registration aligns the company with Argentina’s compliance obligations, including anti-money laundering and counter-terrorism financing requirements, as a reporting entity under the supervision of the Financial Information Unit (UIF) and other relevant authorities. It also places the exchange within the country’s regulatory framework for virtual asset service providers as oversight of the sector continues to develop.
Regulatory Framework and Market Context in Argentina
Argentina has emerged as a market for digital asset platforms, driven by rising adoption of cryptocurrencies and increasing demand for alternative financial systems and cross-border access. Industry data indicates that the country is among the most active crypto markets in Latin America in terms of user participation and platform usage. Within this context, Bitget’s registration supports its broader regional strategy as regulatory frameworks and user activity continue to evolve.
“Regulatory frameworks for digital assets continue developing across Latin America, making compliance and registration increasingly important for platforms operating in the region,” said Gracy Chen, CEO at Bitget in a written statement. “Argentina represents an important market within Latin America’s broader digital asset landscape, and Bitget remains focused on supporting sustainable growth by aligning with local regulatory requirements,” she added.
The registration strengthens Bitget’s ability to operate within Argentina’s existing virtual asset framework as adoption of digital assets continues to increase, with reports suggesting that nearly 20% of the population uses crypto and more than 15,000 businesses accept crypto payments. Platform usage and transaction activity continue to rise as digital assets become more integrated into everyday financial activity.
The move follows Bitget’s recent regulatory progress in other markets, including Mexico, as part of its continued expansion strategy across regions where both regulatory development and crypto adoption are accelerating.
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Source: Mpost.io
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