Coinbase has paused its fiat operations in Argentina less than a year after entering the market, focusing on crypto services. Users have until Jan. 31, 2026, to complete USDC transactions and withdrawals. Despite the pause, crypto-to-crypto activities are unaffected, and Coinbase plans to maintain a presence in the country through its Ethereum layer-2 network Base.
Argentina’s central bank is considering allowing traditional banks to trade cryptocurrencies, a significant shift from the 2022 ban on financial institutions offering crypto services. The Banco Central de la República Argentina is drafting new rules, though the timeline and scope are still uncertain.

Read more at Cointelegraph: Coinbase Pauses Fiat Operations in Argentina After Less Than a Year