Binance Secures 20th Global Milestone With Argentina Crypto Registration

Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market.

Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance

Crypto exchange Binance announced on Oct. 1 that it has been registered in Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory milestone. The announcement states:

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 company’s compliance program focuses on anti-money laundering (AML) and counter-financing of terrorism (CFT) policies, alongside identity verification processes (KYC and KYB). Binance also has a Financial Crime Compliance unit that collaborates with law enforcement to combat crypto-related crime.

With this registration, the crypto exchange is set to expand its full suite of services to Argentina-based users, strengthening its presence in the country. Binance stressed that this development demonstrates its ongoing commitment to compliance and safe cryptocurrency adoption, both in Argentina and globally.

Guilherme Nazar, Binance’s head of Latin America, emphasized

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.

The registration aligns with Binance’s broader efforts, which include recent regulatory achievements in countries such as India, Kazakhstan, and Indonesia.

What do you think about Binance’s expansion in Argentina and its commitment to global crypto regulation? Let us know in the comments section below. #Write2Earn