PANews reported on June 12 that Bitget has officially completed its registration as a Virtual Asset Service Provider (PSAV) with the Argentine National Securities Commission (CNV), becoming one of the compliant virtual asset service entities registered in the country.

Argentina is one of the most active crypto markets in Latin America. Industry reports indicate that nearly 20% of the local population is already using digital assets, and over 15,000 businesses support cryptocurrency payments. With the continued growth in user demand for financial infrastructure and global market access, Argentina has become a crucial strategic market for digital asset platforms.

Bitget CEO Gracy Chen stated, "The regulatory framework for digital assets in Latin America is continuously improving. This PSAV registration will help Bitget establish a longer-term local market foundation in Argentina and provide local users with a compliant and secure service experience."