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Kraken announces it has registered as a Virtual Asset Service Provider (VASP) in Argentina

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Jul 10, 2025

Kraken has announced that it has registered as a Virtual Asset Service Provider (VASP) in Argentina, achieving compliant operations. At the same time, Kraken will launch local currency deposit channels in Argentina and Mexico. Users can now directly deposit ARS and MXN through local payment methods, and the funds will be automatically converted to USD at the real-time exchange rate, without the need for international transfers. The official statement indicates that this move aims to deepen its presence in the Latin American market and meet the growing demand for stablecoins and crypto adoption in the region. [Wu Shuo]

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