Binance Secures Registration In Argentina, Now Offers Services In 20 Jurisdictions

Binance, the world’s largest crypto exchange by trading volume, has secured a registration in Argentina, marking the 2oth jurisdiction in which the crypto exchange has expanded. This development comes just a day after the exchange announced that it had secured a full license in Kazakhstan to offer crypto services to locals in the country.

Binance Secures Registration In Argentina

The crypto exchange announced in a blog post that it has now been incorporated into Argentina’s Virtual Asset Service Providers Registry, allowing it to offer its crypto services to users in the country. The exchange noted that this marks their 2oth regulatory milestone globally as they expand to several jurisdictions.

Furthermore, Binance noted that registration with the Argentine National Securities Commission (CNV) results from their consistent commitment to compliance in Argentina and worldwide. With this registration, the top crypto exchange will be able to provide the country’s users with its complete suite of services and products.

This development came just a day after the crypto exchange received a full Digital Asset Trading License in Kazakhstan. The registration also follows regulatory wins in India and Indonesia. At the same time, it adds to a growing list of jurisdictions in which Binance now offers its services including France, Dubai, Japan, and El Salvador, among others.

Meanwhile, Binance’s Head Of Latin America, Guilherme Nazar, highlighted how this partnership is key for the crypto exchange. He said,

Argentina is a key market for Binance. We will continue to work closely with the authorities to develop the industry most sustainably and securely for the benefit of the crypto community and society as a whole.

Argentina’s President Meets With El Salvador’s President

Binance’s registration in registration comes amid Argentina President Javier Milei’s meeting with El Salvador’s pro-bitcoin President Nayib Bukele. This is notable considering that Milei had promoted Bitcoin earlier in the year, as he hinted at using the flagship crypto to boost his country’s ailing economy, similar to El Salvador’s Bitcoin strategy.

Meanwhile, it is worth mentioning that the Cardano founder, Charles Hoskinson, will meet with the President of Argentina on October 19. The duo plans to discuss the blockchain’s potential and how they can use the technology to improve Argentina’s economy and foster innovation.