A major crypto exchange announced significant adjustments to its regional operations, with service modifications taking effect across early 2026. Starting late January, the platform will discontinue local fiat on-ramp and off-ramp services, specifically ending USDC trading pairs against Argentine pesos. This marks a notable shift in the exchange's Latin American strategy.
However, users won't lose complete access—blockchain functionality remains fully operational. Crypto transfers, wallet deposits, and onchain send/receive capabilities will continue uninterrupted, allowing users to maintain custody and move assets freely. The move reflects broader challenges exchanges face navigating regional regulatory frameworks and banking partnerships in emerging markets. Users in the affected region have several weeks to adjust their strategies before the service transition takes effect.
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ZeroRushCaptain
· 01-04 12:36
Here comes the same old trick to harvest retail investors again. When the fiat on-ramp is shut, this is what they do. Argentine friends can only see it on the blockchain now.
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LeekCutter
· 01-04 08:53
Coming back to cut features again? The brothers in South America are about to be taken for a ride again.
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GasBandit
· 01-04 08:52
Bro, the fiat gate is closed again... Our friends in Argentina have to take a detour again.
The fiat channel is cut off, but the on-chain is still alive, isn't that just the usual operation of exchanges... evading regulation one set after another.
Wait, are they really targeting USDC against ARS by name? How embarrassing must that be... Is the Latin American market so hot?
If blockchain can't escape, there's still a way out, mainly because the banks can't handle it... It's always the same excuse.
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MetaLord420
· 01-04 08:47
Another exchange has run away in Argentina, now the fiat on-ramp is gone
Regulation is really damn annoying, but on-chain transfers are still usable, so that's fine
DeFi never stops, banks can get lost
Here we go again? Feels like every month exchanges cut services
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MemeEchoer
· 01-04 08:34
They're at it again, trying to harvest the new investors.
A major crypto exchange announced significant adjustments to its regional operations, with service modifications taking effect across early 2026. Starting late January, the platform will discontinue local fiat on-ramp and off-ramp services, specifically ending USDC trading pairs against Argentine pesos. This marks a notable shift in the exchange's Latin American strategy.
However, users won't lose complete access—blockchain functionality remains fully operational. Crypto transfers, wallet deposits, and onchain send/receive capabilities will continue uninterrupted, allowing users to maintain custody and move assets freely. The move reflects broader challenges exchanges face navigating regional regulatory frameworks and banking partnerships in emerging markets. Users in the affected region have several weeks to adjust their strategies before the service transition takes effect.