Binance has secured registration with Argentina’s National Securities Commission, unlocking full crypto services for its local users.
Binance, the world’s largest cryptocurrency exchange, has officially launched its full range of services in Argentina after registering as a crypto service provider with the country’s National Securities Commission, according to a company announcement.
This regulatory approval marks Binance’s 20th registration milestone globally, expanding its offerings to a Latin American market. Binance’s mobile and web applications are now fully accessible to users across Argentina.
— Richard Teng (@_RichardTeng) October 1, 2024Proud to announce that #Binance has secured registration in Argentina! 🇦🇷
We now have 2️⃣0️⃣ regulatory approvals globally.
Our commitment to a sustainable, secure & safe blockchain ecosystem for our users in LatAm and all over the world continues. 🚀https://t.co/0oHPsePA3T
This move allows Argentinians to trade, buy, and sell a wide variety of cryptocurrencies through Binance’s platform. This development aligns with the company’s strategy to expand in markets with strong crypto adoption potential.
Binance operates as an exchange where users can trade different digital assets, like Bitcoin (BTC) or Ethereum (ETH). Think of it as a marketplace, but you deal with digital coins instead of traditional money.
This announcement follows other recent regulatory approvals in India, Kazakhstan, and Indonesia.
The exchange’s compliance program, which includes anti-money laundering policies and strict verification processes, demonstrates Binance’s efforts to meet regulatory standards and ensure user safety.
As former Binance CEO Changpeng Zhao faces legal issues in the U.S., Binance remains focused on expanding its services globally, now with Argentina as a key part of its growth.