Bitget Gets the Green Light in Argentina 🇦🇷, Because Nothing Says "Hold the Peso" Like a PSAV

Bitget, the Universal Exchange, announced on Friday that it has secured registration as a Virtual Asset Service Provider (PSAV) under Argentina's National Securities Commission (CNV) registry, formalizing its entry into one of Latin America's most active crypto trading markets. The registration places Bitget under anti-money-laundering and counter-terrorist-financing oversight administered by Argentina's Financial Information Unit (UIF) and other competent authorities. The company, which already holds registrations with Mexico's SAT and UIF, described the move as another step in its regional expansion across Latin America.

The company framed the registration as part of a broader push to align with regulators in markets where retail demand for digital assets has outpaced traditional financial infrastructure. Argentina, where inflation has historically driven interest in alternative stores of value, hosts one of the highest per-capita crypto adoption rates in the region, according to industry data referenced by the company. Bitget said the PSAV designation will allow it to onboard local users through compliant channels while subjecting its operations to periodic reporting requirements.

Latin American regulators have accelerated virtual asset oversight over the past two years, with Argentina's CNV, Brazil's CVM, and Mexico's financial authorities each publishing frameworks governing exchange operations, stablecoin issuance, and custodial requirements. Bitget's footprint in the region now spans Mexico and Argentina, with the company indicating further jurisdictional filings are under evaluation. Local industry observers have noted that PSAV-registered entities are required to maintain detailed transaction records, implement customer due diligence procedures, and report suspicious activity to the UIF.

The exchange has not disclosed a launch date for Argentina-specific products or local fiat on-ramps tied to the new license, nor has it published transaction-volume targets for the market. Bitget continues to operate its global unified platform, which lists spot, futures, and copy-trading products, while regional compliance teams in Buenos Aires and Mexico City are expected to handle local onboarding and reporting under the new framework.