India\“s leading cryptocurrency exchange, Binance, has recently announced a strategic partnership with the Argentine Federal Administration of Public Revenue (AFIP). This collaboration aims to strengthen compliance with local regulations and promote the safe and legal use of cryptocurrencies.
Under the agreement, Binance will share user data with AFIP to ensure tax compliance and prevent financial crimes. This move is in line with Binance\“s commitment to regulatory adherence and its dedication to fostering a secure digital currency ecosystem.
The partnership comes as India continues to explore ways to regulate the cryptocurrency market. The government is working on a regulatory framework that could bring clarity and stability to the sector. |