Binance Secures Regulatory Milestone by Being Incorporated into Argentina’s Virtual Asset Service Providers Registry

Binance crypto secured its 20th regulatory approval to provide crypto trading services under full compliance.

Binance is a top-ranked crypto exchange, mainly known for its highly secure crypto trading services globally. This crypto exchange has its hand in multiple crypto-related businesses. Currently, this crypto firm owns multiple crypto companies and projects in this innovative space.

On 1 Oct 2024, Binance announced that it achieved a significant regulatory milestone by being incorporated into Argentina’s Virtual Asset Service Providers Registry, managed by the National Securities Commission (CNV).

This latest regulatory win for Binance is its 20th regulatory approval globally, allowing it to expand its full range of services to users in Argentina. The accomplishment underscores Binance’s commitment to compliance and safe industry growth, both locally and worldwide. With a strong compliance program, including robust AML and CFT policies, user-friendly KYC processes, and a leading Financial Crime Compliance unit, Binance remains focused on security and user protection while collaborating with law enforcement.

Regulatory Approval in Kazakhstan

Yesterday, Binance Exchange announced its success in securing a crypto license to provide crypto trading services under full compliance in Kazakhstan.

Binance vs WazirX

As we know, the popular Indian crypto exchange WazirX has been at the verge of bankruptcy. In this situation, there is an ongoing dispute between Binance and WazirX over the ownership of the WazirX crypto trading platform. Because of this conflict, Binance is under significant pressure to respond, as it has been holding more than $200 million worth of cryptocurrencies belonging to WazirX’s parent firm Zettai.

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