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Binance joins the Argentine Fintech Chamber and Alianza In, renewing its commitment to the development of the regional crypto ecosystem

2023-01-19

January 19, 2023.- We are excited to share that we have joined Cámara Argentina Fintech, the Argentine Fintech Chamber, and Alianza In, the innovation and technology chamber of Colombia. 

Binance joined as a strategic partner with the aim of supporting the development of crypto and Web3 in the region as a means to achieve greater financial inclusion for everyone.

"The Argentine Fintech Chamber worked from its inception to improve the integration and representativeness of the sector, promoting the growth and development of each of the companies that comprise it. Therefore, we are delighted with the arrival of Binance to our institution. Not only because of its relevance at a local and international level but also because of its capacity for work and permanent innovation. We are sure that we will be able to enhance the necessary synergy to continue generating opportunities for the Fintech industry and the whole of society", said Ignacio Plaza, President of the Argentine Fintech Chamber before the entry of Binance into the organization.

"We are very pleased to welcome Binance, the world's largest crypto-asset exchange, with whom we will continue to work to strengthen the adoption of blockchain-based services in Colombia," said José Daniel López, Executive Director of Alianza In.

Matt Shroder, Binance's Global VP and Regional Manager commented: "We are very excited to be part of institutions like the Cámara Argentina Fintech and Alianza In, which will allow us to work with the broader industry in developing best practices and education resources for cryptocurrencies in Argentina and Colombia".

Our partnership with the Argentine Fintech Chamber and Alianza In comes as the region is seeing a rise of interest in blockchain and Web3 technology. According to data published by the Global Crypto Adoption Index 2022 elaborated by Chainalysis, Argentina is currently ranked 13th, while Colombia is in 15th position, out of 146 countries worldwide.

“As a leading organization, it is imperative for Binance to work hand-in-hand with legislators, regulatory bodies, and industry groups like the Argentine Fintech Chamber. Such work is important to our mission to enable the development of sensible regulations for cryptocurrency and blockchain, ultimately securing the protection of users”, added Daniel Mangabeira, Binance VP of Institutional Relations for Latin America.

Being an industry leader with more than 128 million users in 180 countries, we work in  collaboration with regulators, legislators and governments to ensure a safer environment, in line with our commitment to the development of regulation in the sector. 

We currently have regulatory approvals or authorizations in France, Italy, Spain, Bahrain, Abu Dhabi, Dubai, New Zealand, Sweden, Kazakhstan, Poland, Lithuania, and Cyprus. We are also one of the few exchanges to achieve this within the G7 countries.