Cryptocurrency exchange Binance announced that it has been included in the Virtual Asset Service Provider (VASP) directory of Argentina’s National Securities Commission (CNV), marking Binance’s 20th global regulatory milestone.

Binance’s registration with CNV highlights the company’s commitment to compliance in Argentina and globally, with the goal of promoting the growth and development of the crypto industry in a safe and sustainable manner. This news follows Binance’s regulatory wins in multiple regions including India, Kazakhstan, and Indonesia, demonstrating its continued global momentum, and is newly listed in jurisdictions where it has previously obtained licenses, registrations, and authorizations, such as Dubai. , France, Japan, El Salvador, etc.

Additionally, with this new registration, Binance’s website and app are now fully open to Argentinian users, giving them 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 continued industry development and safe adoption. As an industry leader with licenses and registrations in 20 jurisdictions around the world, Binance is committed to the development of the global and Argentinian crypto ecosystem while complying with local regulations.

He also pointed out: "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 safe way to bring benefits to the crypto community and society as a whole."

In line with its global standards, Binance’s 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, 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 industry-leading financial crimes compliance (FCC) unit to assist law enforcement agencies in investigating crimes related to crypto assets and building capabilities, thereby strengthening the collaborative security of the ecosystem.

Guilherme Nazar concluded: “Binance’s commitment to security and oversight is an important cornerstone of our growth strategy.”

We firmly believe that through this approach, we can make a significant contribution to the development of local and global industries, improve user protection standards, and create a transparent and efficient financial environment.

(The above content is provided by Binance)

〈Binance completed registration in Argentina! Reaching the "Global 20th" Regulatory Milestone" This article was first published on "Blocker".