2026-01-04 06:26:14

A certain compliant trading platform recently announced a change in its operational strategy in the Argentine market. According to a user notification issued by the platform, there has been a significant change in its business expansion plans since the beginning of this year — the platform has officially suspended local services in the country.

Specifically, starting from early next year, the platform will cease supporting Argentine users in trading stablecoins with local fiat currency. This move targets trading pairs using the Argentine Peso, directly affecting the trading experience of local users. It also means that the platform's localized operations in the South American market have cooled down, and the Argentine business, which lasted less than a year, has come to an end.

This move reflects the policy and commercial pressures faced by exchanges in specific regions. As global regulations on cryptocurrencies and stablecoins continue to tighten, the regional strategies of trading platforms are also constantly adjusting. The closure of fiat trading channels is often a sign of regional business contraction and warrants industry attention.

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WealthCoffee

· 8h ago

Argentina has run away again, South America is really too difficult to operate in. --- Honestly, this is just the beginning of regulatory crackdown, there will be more later. --- Withdrawing after just one year, this business isn't as profitable as expected. --- Closing the fiat on-ramp basically means saying goodbye, everyone watch out. --- Peso devaluation + policy pressure, exchanges have to survive too, not blaming them. --- The stablecoin market in South America has been messed up like this. --- Waiting to see who else dares to come up with ideas over there.

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AirdropHermit

· 10h ago

Argentina has dropped the ball again; even the peso can't hold up. It's understandable that exchanges are shutting down. South America really can't handle this; regulatory costs are high, and the returns are low. If it were me, I would also withdraw. Shutting down after just one year... what does that indicate? It basically means that without fiat on-ramps, it's almost impossible to operate.

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MevHunter

· 10h ago

The Argentine crypto scene has been hit again; this is the cost of tightening regulation.

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UncleLiquidation

· 17h ago

Argentina has been cut again? South America is really becoming harder to navigate. --- 撤退不到一年？感觉 peso 的风险有点大。 --- It's another crackdown on regulation... I wonder how many platforms will still dare to localize after this wave. --- It's been obvious for a while—the closure of fiat channels is a signal, and more platforms will definitely follow and withdraw later. --- What should South American users do? They have to hustle to find other ways to deposit and withdraw funds. --- Honestly, this pace is a bit frightening. Last year they were expanding, and this year they’re already pulling out.

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RektDetective

· 01-04 06:55

Argentina is offline again. South America is really tough to navigate, and regulatory pressure is getting faster and faster.

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ConsensusBot

· 01-04 06:51

Argentina has been cut again... South America is really tough Whenever policies tighten, exchanges just leave, and local users suffer the most How many people will be forced to transfer assets this time? The cost of compliance is like this... either you can't keep up or you can't play When will the South American stablecoin market truly stabilize?

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DecentralizedElder

· 01-04 06:48

Argentine Peso can't save it anymore, now the South American dream is shattered. Pulling out in less than a year, it was obvious that this localized approach wouldn't work. Whenever regulations tighten, exchanges just run away. Under the guise of compliance, they still can't escape local pressure. Another excuse of "adjusting strategy," in plain terms, it's losing money. Is the South American market so difficult? Or did the platform just not do its homework?

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ser_aped.eth

· 01-04 06:43

Argentina has been cut again; South America is really tough to navigate... As soon as regulations tighten, everyone runs away.

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WhaleInTraining

· 01-04 06:42

Argentina has been messed with again, now South America can finally cool down. Tightening regulations mean localizing is necessary; exchanges are still too difficult. Withdrawing in less than a year? How is this business supposed to operate... Fiat on-ramps are failing first, will others follow suit? They don't even want the peso anymore, what's the point of stablecoins?

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LiquidationWatcher

· 01-04 06:41

Argentina has been cut again, this move is truly outrageous --- South America has really become a testing ground for exchanges, they say withdraw and they withdraw --- Running away in less than a year? It seems local policies are indeed a bit harsh --- Closure of fiat channels = game over, this signal couldn't be more obvious --- Compliance is really just a joke, regulators immediately slip away when they get nervous --- Is this another prelude to a local exchange explosion? --- Argentine users are really unlucky, the peso is now worthless and there's still no place to trade --- South American markets are really hard to navigate, switch to another platform?

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