Binance completes registration in Argentina

Binance, the world's largest exchange, announced that it has been included in the virtual asset service provider (VASP) directory of Argentina's National Securities Commission (CNV). Binance has also officially reached its 20th regulatory milestone globally.

Binance’s registration with CNV once again confirms Binance’s commitment to compliance in Argentina and globally, and aims to promote the growth and development of the crypto industry in a safe and sustainable way.

Not long ago, Binance has launched and completed regulatory compliance in multiple regions such as India, Kazakhstan, and Indonesia. Now Argentina has officially joined the jurisdictions that have obtained licenses, registrations, and authorizations, joining Dubai, France, Japan, El Salvador, etc. Many countries are listed among them.

Users in Argentina can already use the full service

Additionally, with this new registration, Binance’s website and app are now fully available to users in Argentina, giving local users access to Binance’s full range of services and tools.

Guilherme Nazar, head of Binance Latin America, said: “At Binance, we support forward-looking governance and believe it is critical to ensuring the continued development of the industry and safe adoption. As a company with licenses and registrations in 20 jurisdictions around the world An industry leader, Binance is committed to the development of the global and Argentinian crypto ecosystem while complying with local regulations.”

Binance has consistent global standards and its compliance program includes robust anti-money laundering (AML) policies and controls, as well as a comprehensive framework for combating the financing of terrorism (CFT).

In addition to strict AML and CFT controls, key to Binance’s compliance program include a complete KYC/KYB identity verification process and assisting law enforcement agencies investigating crypto-asset-related incidents through the Financial Crimes Compliance (FCC) unit. commit crimes and build capabilities to strengthen the collaborative security of the ecosystem.

Nazar concluded: “Binance’s commitment to security and oversight is an important cornerstone of our development strategy. We firmly believe that through this approach, we can make a significant contribution to the development of local and global industries, raise user protection standards, and create A transparent and efficient financial environment.”

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