Binance, the world’s leading cryptocurrency exchange, announced today that it has been officially registered with the Argentine National Securities Commission (CNV) as a Virtual Asset Service Provider (VASP). This marks company’s 20th regulatory milestone globally and expands its services to users in Argentina.
Binance Released a Statement on the Issue on its Official Blog Page
With this registration, company’s website and app are now fully accessible to Argentine residents, providing them with access to a wide range of cryptocurrency services, including trading, investing, and custody.
“This achievement underscores Binance’s commitment to compliance and forward-looking regulation,” said company’s in an official blog post. “We aim to drive the growth of the crypto industry safely and sustainably both in Argentina and worldwide.”
Exchange has been actively working to comply with regulations in various jurisdictions. Its compliance program includes anti-money laundering (AML) and counter-terrorism financing (CFT) policies, user-friendly know-your-customer (KYC) processes, and an industry-leading Financial Crime Compliance unit.
“Argentina is a key market for Binance,” said Guilherme Nazar, company’s Head of Latin America. “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.”
