Coinbase to End Argentine Peso-to-USDC Trading by January 31, 2026 After One Year in Market

On January 3, 2026, Coinbase notified users in Argentina that peso-to-USDC trading will cease on January 31, ending local currency support roughly a year after securing approval to operate as a Virtual Asset Service Provider. Crypto-to-crypto trading will remain available as the exchange adjusts its strategy amid political fallout from the Libra meme coin scandal and potential new banking regulations for digital assets. Coinbase's shift occurs while it pursues a global "everything exchange" plan for 2026, raising questions about its long-term positioning in Argentina.