Binance has officially been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV).
This achievement marks the 20th regulatory milestone for Binance globally, enabling the company to expand its full range of services to users in Argentina. The move reflects Binance’s dedication to maintaining a high level of compliance with regulations and to promoting the secure growth of the crypto industry in Argentina and worldwide.
Unlocking Full Access for Argentine Users
With Binance’s registration in Argentina, users can now access the complete suite of Binance services through its website and mobile application. This includes a range of products like spot trading, futures, staking, and a variety of decentralized finance (DeFi) services. This milestone aligns with Binance’s strategy of driving responsible growth and adoption in the crypto space, ensuring that users are protected and have access to innovative financial tools in a secure manner.
Binance’s global regulatory efforts have been gaining momentum, with recent progress in regions such as India, Kazakhstan, and Indonesia. These achievements add to the company’s licenses and registrations in key jurisdictions such as Dubai, France, Japan, and El Salvador, showcasing the company’s global footprint.
Commitment to Compliance and Security
Binance’s incorporation into Argentina’s regulatory framework reflects the company’s robust compliance infrastructure, designed to meet the most stringent global standards. The company employs rigorous anti-money laundering (AML) policies and comprehensive controls to combat the financing of terrorism (CFT). Binance’s user verification procedures, such as Know Your Customer (KYC) and Know Your Business (KYB) processes, ensure that the platform remains secure and compliant.
Additionally, Binance’s Financial Crime Compliance (FCC) unit plays a critical role in helping law enforcement investigate crypto-related crimes. This unit also supports capacity building, further enhancing the security and integrity of the crypto ecosystem.
According to Guilherme Nazar, Binance’s Head of Latin America, “Argentina is a key market for Binance. We will continue to work closely with the authorities to develop the industry in the most sustainable and secure way, benefiting both the crypto community and society at large.”
Driving Global Growth with Local Impact
Binance’s success in achieving regulatory milestones, including its recent incorporation in Argentina, reflects the company’s commitment to advancing the crypto industry both locally and globally.
By prioritizing security, regulation, and compliance, Binance aims to raise industry standards, ensuring that crypto adoption progresses in a transparent and responsible manner.
As the crypto ecosystem evolves, Binance’s focus on regulatory alignment positions it as a leader in fostering sustainable growth in digital assets. Argentina’s inclusion in this global strategy highlights the importance of emerging markets in the company’s vision for a more inclusive financial future.
