Kraken expanded access across Latam and launched local funding in Argentina and Mexico

With deepening our investment in Latin America, we deploy local currency funds in Argentina and Mexico, two of the region’s most active crypto markets. This extension reflects our continued commitment to building trustworthy, compliant, localized infrastructure to support crypto adoption around the world.

These new integrations allow clients from both countries to deposit their local currencies (ARS and MXN) through reliable domestic payment methods, providing faster and simpler access to Kraken’s full suite of Crypto services.

Furthermore, within Argentina, Kraken is now officially registered as a virtual asset service provider (VASP) with Argentina’s Comisiónnacional de Valores (CNV), ensuring that it can operate in full compliance with local regulations.

Local funding, global access

By enabling local rails, Kraken eliminates one of the most persistent friction points for crypto users across LATAM. The challenge is to efficiently and safely convert local currency into digital assets. Deposits created through these new payment methods will be automatically converted to USD at competitive, transparent FX rates, reducing the need for international wire or third-party apps.

This upgrade will provide international clients with a seamless, end-to-end experience built on speed, security and trust.

“Argentina and Mexico are one of the most active and resilient crypto communities in the world,” said Mark Greenberg, global consumer director at Kraken. “The local railroads and clarity of regulations make Kraken uniquely positioned to enable clients from both countries to access the global crypto economy with confidence, security and ease.”

The momentum of the code across Ratum

Each of these markets highlights a different dimension of the growing importance of Crypto in this region.

• Argentina: With inflation rates exceeding 200% in 2023, crypto, especially stubcoin, has become an important tool for Argentina to save money and send money.
• Mexico: Mexico, a regional powerhouse for cryptocurrency, is at the forefront of blockchain innovation, dollar-controlled demand and retail adoption.

These markets represent millions of current and future crypto clients who need localized tools to fully participate in the ecosystem.

Local experience backed by our global standards

Our Argentine and Mexican clients benefit from:

• Local currency funds through reliable domestic payment railways
• Automatic USD conversion at competitive transparent rates
• Access to over 350 digital assets
• Industry-leading security and global liquidity
• Multilingual support for 24/7
• Localized product experiences and educational content

This expansion reflects a broader strategy in the region. It combines global infrastructure with local relevance to provide the confidence and tools to effectively navigate the crypto economy wherever your clients are.

Long term building

With these launches, Kraken is positioned himself for his long-term impact in Latin America. Product upgrades aren’t the only way to revitalize local payment rails and the clarity of regulations provided by Argentina’s CNV VASP registration. They are strategic milestones that strengthen Kraken’s commitment to financial inclusion, responsible innovation and client empowerment in one of the most promising regions in crypto.

Kraken will continue to expand its presence across Latin America with the same values ​​that have led security, transparency and trust since 2011.

Let’s start today kraken.com And trade with confidence on your terms.