Key Takeaways:
Binance has been included in Argentina’s National Securities Commission’s (CNV) Registry of Virtual Asset Service Providers, marking Binance’s 20th regulatory milestone globally and opening up all of its services to Argentine users.
This achievement demonstrates Binance’s commitment to compliance and forward-looking regulation to promote the safe and sustainable development of the cryptocurrency industry in Argentina and around the world.
Binance’s strong compliance program includes stringent AML/CFT policies, a user-friendly KYC process, and an industry-leading financial crime compliance department, highlighting its dedication to security, user protection, and cooperation with law enforcement.
We are excited to announce that Binance has been accepted into the Argentina National Securities Commission (CNV) Virtual Asset Service Provider (VASP) registry, marking Binance’s 20th regulatory milestone globally. This follows on the heels of regulatory wins in India, Kazakhstan, and Indonesia, demonstrating Binance’s continued global momentum and adding to previous licenses, registrations, and authorizations in jurisdictions such as Dubai, France, Japan, and El Salvador.
Open full service
Binance's registration with the Argentine regulator is a result of our continued commitment to comply with Argentine and global regulations and to safely and sustainably promote the growth and development of the crypto industry. With this registration, Binance's website and application will be fully open to Argentine users, enabling them to use Binance's full range of services and tools.
Binance supports forward-looking regulation and believes it is critical to ensure the continued development and safe adoption of the cryptocurrency industry. As an industry leader with licenses and registrations in 20 jurisdictions around the world, we are committed to advancing the development of the cryptocurrency ecosystem in Argentina and around the world in a compliant manner.
“Argentina is an important market for Binance. We will continue to work closely with the authorities to develop the industry in the most sustainable and secure way, bringing positive impact to the crypto community and society as a whole,” said Guilherme Nazar, Head of Binance Latin America.
Top global compliance
Binance’s compliance program meets the most stringent global standards and includes strong anti-money laundering (AML) policies and controls and a comprehensive framework for combating the financing of terrorism (CFT).
In addition to strict AML and CFT controls, key components of Binance’s compliance program include strong identity verification processes (Know Your Customer and Know Your Business, or KYC and KYB) and an industry-leading Financial Crime Compliance (FCC) department designed to assist law enforcement agencies in investigating crypto-related crimes and build capacity, thereby strengthening the collaborative security of the ecosystem.
Binance’s commitment to security and regulation is a fundamental part of our strategy. “We firmly believe that in this way we can make a significant contribution to the development of the local and global crypto industry, raise the standards of user protection and create a transparent and efficient financial environment,” Nazar concluded.
