News and Analytics

0

Binance Included in Argentina’s Virtual Asset Service Providers Registry

Oct 1, 2024
  1. Unlocking Access for Argentine Users
  2. Commitment to Compliance and Security
  3. Driving Global Growth with Local Impact

Binance has officially been incorporated into Argentina’s Virtual Asset Service Providers Registry by the country’s National Securities Commission, marking its twentieth global regulatory milestone.

Unlocking Access for Argentine Users

With Binance’s registration in Argentina, users can now access the complete suite of services through its website and mobile application. This includes products such as spot trading, futures, staking, and various decentralized finance (DeFi) services. This milestone aligns with Binance’s strategy of driving responsible growth and adoption in the crypto space, providing access to innovative financial tools in a secure manner.

Commitment to Compliance and Security

Binance’s incorporation into Argentina’s regulatory framework reflects the company’s robust compliance infrastructure, designed to meet stringent global standards. The company employs rigorous anti-money laundering (AML) policies and comprehensive controls to combat the financing of terrorism (CFT). User verification procedures, such as Know Your Customer (KYC) and Know Your Business (KYB) processes, ensure the platform remains secure and compliant. Here is a quote from Guilherme Nazar, Binance’s Head of Latin America: “Argentina is a key market for Binance. We will continue to work closely with the authorities to develop the industry in the most sustainable and secure way, benefiting both the crypto community and society at large.”

Argentina is a key market for Binance. We will continue to work closely with the authorities to develop the industry in the most sustainable and secure way, benefiting both the crypto community and society at large.Guilherme Nazar, Binance’s Head of Latin America

Driving Global Growth with Local Impact

Binance’s success in achieving regulatory milestones, including its recent incorporation in Argentina, underscores the company’s commitment to advancing the crypto industry both locally and globally. By prioritizing security, regulation, and compliance, Binance aims to raise industry standards, ensuring that crypto adoption progresses transparently and responsibly. Argentina’s inclusion in Binance’s global strategy highlights the importance of emerging markets in the company’s vision for a more inclusive financial future.

With its registration in Argentina, Binance reaffirms its leadership in fostering sustainable growth and regulatory compliance on a global scale.

Comments

Latest analytics

Non-Custodial Wallets:...

Non-Custodial Wallets: Overview and Benefits

Shib The Metaverse:...

Shib The Metaverse: A New Chapter for Shiba Inu

Show more

Latest Dapp Articles

Show more

You may also like