- Bitget obtained PSAV registration in Argentina, expanding its regulated presence across Latin America.
- The approval strengthens AML and CFT compliance, aligning Bitget with local regulatory standards.
- Argentina’s growing crypto adoption makes it a key market in Bitget’s long-term regional strategy.
Bitget has received registration as a Virtual Asset Service Provider (PSAV) in Argentina, a milestone in its Latin American expansion. The registration was granted under the PSAV registry managed by Argentina’s National Securities Commission (CNV) and allows Bitget to operate within the country’s current framework for virtual asset service providers.
20% of The Country’s Population Uses Crypto
Bitget said the PSAV registration supports compliance with anti-money laundering (AML) and counter terrorism financing (CFT) oversight requirements. The registration puts Bitget within Argentina’s current framework for virtual asset service providers as regulatory oversight of the sector continues to evolve. Argentina is among Latin America’s most active crypto markets. Demand for alternative financial tools and access to global markets has helped drive adoption.
Data cited by Bitget shows that almost 20% of the country’s population now uses crypto. More than 15,000 businesses also accept crypto payments. Adoption and user activity continue to rise as cryptocurrencies move more into daily financial transactions.
Bitget views Argentina as an important market within its broader Latin American expansion strategy, as regulatory development and user demand continue evolving across the region. CEO Stresses Regulatory Alignment
Gracy Chen, Bitget CEO, said compliance has become necessary as crypto regulations mature across the region. She described Argentina as a notable market within Latin America’s crypto ecosystem. Chen added that Bitget is focusing on long-term development and is aligning its operations with regulatory requirements.
Also, the Argentina registration follows Bitget’s recent regulatory gains in other markets like Mexico. The exchange is pursuing opportunities in regions where crypto adoption and regulation are advancing together.
Related: Bitget Goes Legal in Mexico: Secures Critical SAT and UIF Registrations
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