Kraken Supports Local Currency Deposits in Argentina and Mexico

Source
JH Kim

Summary

  • The global virtual asset exchange Kraken announced that it will support local currency deposits in Argentine Peso and Mexican Peso.
  • This move is reportedly part of a strategy to expand its user base in Latin America.
  • It is expected that digital asset accessibility in the region will improve.

On the 10th (local time), the global virtual asset (cryptocurrency) exchange Kraken announced via its official X (formerly Twitter) that it will support local currency deposits in Argentine Peso (ARS) and Mexican Peso (MXN).

This move is interpreted as part of a strategy to expand its user base in Latin America and improve access to digital assets in the region.

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JH Kim

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