Central Bank of Portugal Grants Country’s First Crypto License to a Bank

2 years ago

Marina Lammertyn is simply a CoinDesk newsman based successful Argentina, wherever she covers the Latin American crypto ecosystem. She holds nary crypto.

Bison Bank, a Portugal-based fiscal institution, has received a licence from the Portuguese cardinal slope (Banco de Portugal) to run arsenic a virtual plus work supplier (VASP), Banco de Portugal announced Thursday.

  • Bison Bank volition make a peculiar concern division, Bison Digital Assets, to run arsenic a virtual plus exchange, according to Portuguese media outlet Sapo.

  • The part is the archetypal entity successful Portugal owned by a slope to beryllium authorized by Banco de Portugal to connection custodian and crypto trading services.

  • Bison Bank provides wealthiness management, depositary and concern banking services to individuals and organization clients, according to its website. It is owned by backstage Chinese superior from Hong Kong.

  • Last June, it licensed 2 cryptocurrency exchanges, Criptoloja and Mind The Coin, to run arsenic VASPs. The slope besides granted a crypto speech licence to Luso Digital Assets.

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Marina Lammertyn is simply a CoinDesk newsman based successful Argentina, wherever she covers the Latin American crypto ecosystem. She holds nary crypto.

Marina Lammertyn is simply a CoinDesk newsman based successful Argentina, wherever she covers the Latin American crypto ecosystem. She holds nary crypto.


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