Coinbase Halts Peso-Based Rails in Argentina - Unchained

2026-01-05 12:18:19

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Crypto exchange Coinbase is halting Argentine peso fiat rails, which include bank and local payment links, for its Argentine users as of Jan. 31

It comes less than a year after Coinbase received regulatory approval to enter the Argentine market

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Coinbase told users the move follows an internal review of performance and long‑term viability of its Argentina product, framing it as a deliberate pause rather than a permanent exit.

“At Coinbase we are continuously reevaluating the products we offer to ensure the most efficient experience possible for our community,” said Coinbase in an email to users.

The pause lands as Argentina’s central bank considers rules that would let traditional banks offer crypto trading and custody.

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