Main Takeaways
Binance has been incorporated into Argentina's Virtual Asset Service Providers Registry by the country’s National Securities Commission (CNV), marking Binance’s 20th regulatory milestone globally and expanding its full suite of services to Argentina-based users.
This achievement underscores Binance's commitment to compliance and forward-looking regulation, aiming to drive the growth of the crypto industry safely and sustainably both in Argentina and worldwide.
Binance's robust compliance program, which includes stringent AML and CFT policies, user-friendly KYC processes, and an industry-leading Financial Crime Compliance unit, highlights its dedication to security, user protection, and collaboration with law enforcement.
We are excited to announce that the National Securities Commission (CNV) of Argentina has incorporated Binance into the country’s Virtual Asset Service Providers Registry. This achievement marks Binance’s 20th regulatory milestone globally. The news closely follows our regulatory wins in diverse regions like India, Kazakhstan, and Indonesia, illustrating Binance’s sustained global momentum and adding to previously secured licenses, registrations, and authorizations in jurisdictions like Dubai, France, Japan, El Salvador, and others.
Unlocking Full Access
Binance's registration with the Argentine regulator is the result of our consistent commitment to compliance, in Argentina and worldwide, and to driving the growth of the crypto industry safely and sustainably. With this registration, Binance's website and application become fully available to Argentina-based users, providing them with access to Binance's complete suite of services and products.
Binance supports forward-looking regulation and believes that it is key to ensuring that crypto adoption progresses in the safest and most responsible way possible. An industry leader with licenses and registrations in 20 jurisdictions worldwide now, Binance is committed to advancing the crypto ecosystem compliantly, in Argentina and globally.”
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 most sustainably and securely for the benefit of the crypto community and society as a whole.”
Bringing World-Class Compliance
Built to meet the strictest global standards, Binance’s compliance program includes robust anti-money laundering (AML) policies and controls, and a comprehensive framework to combat the financing of terrorism (CFT).
In addition to rigorous AML and CFT controls, key components of Binance's compliance program include robust identity verification processes (Know Your Customer and Know Your Business, or KYC and KYB) and the industry-leading Financial Crime Compliance (FCC) unit, designed to assist law enforcement in investigating crypto asset-related crimes and capacity building, thereby strengthening the collaborative security of the ecosystem.
Binance's commitment to security and regulation is a fundamental part of our strategy, adds Guilherme Nazar. We are convinced that this is the best approach to advancing the digital-asset industry locally and globally: raising standards for user protection and creating a transparent and efficient financial environment.
