- Binance has obtained VASP registration in Argentina, marking a key step towards compliance with the National Securities Commission.
- This achievement makes Argentina one of the 20 countries where Binance has official recognition and regulation.
Binance, a major player in the global cryptocurrency market, has recently received official status as a Virtual Asset Service Provider (VASP) in Argentina. The registration, issued by the National Securities Commission (CNV), demonstrates Binance’s commitment to complying with both domestic and global regulatory frameworks.
The move strengthens Binance’s presence in Argentina, a country with rising cryptocurrency adoption. Argentina becomes the 20th country where Binance has received regulatory approval, following successful registrations in countries such as India, Kazakhstan and Indonesia. The company also holds licenses in other jurisdictions such as Dubai, France, Japan and El Salvador, strengthening its global operational footprint.
With this new registration, Argentinian users can fully access all services and tools provided by Binance through the Binance website and mobile application, allowing them to participate in the cryptocurrency market more effectively. Binance is committed to maintaining high standards of compliance and security to ensure a reliable platform for users.
Guilherme Nazar, Binance Latin America Director, highlighted the significance of this milestone, stating
“Argentina is of vital importance to Binance. Our goal is to work with the local government to advance the industry safely and sustainably, benefiting the cryptocurrency community and society at large.”
Nazar also expressed support for proactive regulation, which he believes is essential for the stable and orderly development of the industry.
In addition to complying with local regulations, Binance has established a comprehensive compliance program. This includes measures to combat money laundering and terrorist financing. The program also involves a comprehensive identity verification process for individuals and companies to increase the security and transparency of the ecosystem.
As we reported on Crypto News Flash, this regulatory achievement by Binance in Argentina reflects the company’s proactive approach to compliance and its commitment to fostering a safe and regulated environment for cryptocurrency users around the world.