Binance Expands Crypto Services to Argentina After Securing Full License
- The exchange has reached their 20th regulatory milestone internationally.
- The registration with the CNV is a direct outcome of their ongoing dedication to compliance.
Crypto exchange Binance has expanded to Argentina with a successful registration. The announcement that the exchange had obtained a complete license in Kazakhstan to provide crypto services to Kazakh residents came recently before this latest development.
The cryptocurrency exchange said on its blog that it is now able to provide its crypto services to consumers in Argentina as it has been included to the Virtual Asset Service Providers Registry. As they grow to other countries, the exchange has reached their 20th regulatory milestone internationally.
Focusing on Regulatory Compliance
Binance further said that their registration with the CNV (Argentine National Securities Commission) is a direct outcome of their ongoing dedication to compliance both domestically and internationally. The leading cryptocurrency exchange can now provide its full range of services and goods to consumers in the nation thanks to this registration.
The cryptocurrency exchange had recently been granted a complete Digital Asset Trading License in Kazakhstan when this happened. Additionally, regulatory victories in Indonesia and India prompted the registration. Moreover, Binances service offerings are expanding into more countries, with El Salvador, France, Dubai, and Japan joining the ranks.
At the same time, Guilherme Nazar, Head of Latin America for Binance, stressed the importance of this collaboration for the cryptocurrency exchange. The meeting between President Javier Milei of Argentina and President Nayib Bukele of El Salvador, who is pro-bitcoin, coincides with Binances registration.
This is significant since earlier this year, Milei had advocated for Bitcoin. Suggesting that his nation might use the flagship cryptocurrency to improve its flagging economy. A tactic reminiscent of El Salvadors use of Bitcoin.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
