Binance has expanded its operations in Argentina after obtaining official registration with the country’s securities regulator, the Comisión Nacional de Valores (CNV).
In a statement shared with Cointelegraph, the cryptocurrency exchange announced that its mobile app and website are now “fully available” to Argentine users following its inclusion in the CNV’s Virtual Asset Service Provider (PSAV) registry. This marks Binance’s 20th regulatory registration worldwide.
This development in Argentina follows recent registrations secured by Binance in markets such as Kazakhstan, India, and Indonesia. On September 9, its subsidiary Tokocrypto was granted a license from Indonesia’s Commodity Futures Trading Regulatory Agency.
Full access for Argentine users
With this registration, Binance can now offer its full suite of services to users in Argentina, who can fully access its web platform and mobile app.
Guilherme Nazar, Binance’s director for Latin America, emphasized the company’s support for “forward-thinking regulation,” believing it will ensure the industry’s continued growth in a safe manner. He also highlighted the importance of Argentina to Binance, stating:
“Argentina is a key market for us. We will continue to work closely with authorities to develop the industry in the most sustainable and secure way, for the benefit of the crypto community and society as a whole.”
Nazar also stressed that compliance is a crucial part of Binance’s strategy, enabling them to contribute to the development of both local and global standards to protect users.
