Overview
- Argentine customers have a 30-day window through January 31 to convert pesos to USDC or withdraw to local banks before peso services end.
- Crypto-to-crypto trading and custody remain available on Coinbase, and the company says user funds are unaffected by the fiat suspension.
- Coinbase characterizes the step as a deliberate pause with an intent to return with a revised product, though it has not provided a timeline.
- The company maintains regional engagement via its Base network and partners such as Ripio, which recently launched the wARS peso stablecoin.
- Observers cite unclear rules, high compliance costs, and reliance on correspondent banks, while a 2025 Milei-linked memecoin scandal intensified scrutiny; Argentina’s central bank is reportedly evaluating bank crypto rules that could arrive by April 2026.