1 year ago
Digital plus speech level Crypto.com has secured registration arsenic a virtual plus work supplier (VASP) with the cardinal slope of Spain, the institution announced connected Friday.
The registration, approved aft what the institution said was a "comprehensive reappraisal of its compliance with Anti-Money Laundering Directive (AMLD) and different fiscal crimes laws," volition let Crypto.com to connection a "suite of its products and services to users successful Spain."
Bank of Spain opened a registry for crypto work providers successful 2021, and since then, firms similar Binance, Bitstamp and banking level BVNK person registered with the regulator.
With the European Union's caller Markets successful Crypto Assets (MiCA) present finalized, regulators successful subordinate states similar Spain volition soon commencement applying caller standards and requirements successful accordance with the framework.
"Receiving the VASP registration from the Bank of Spain is the latest testament to our committedness to compliance and eagerness to enactment with regulators and nationalist officials successful responsibly advancing crypto and blockchain technology,” Kris Marszalek, CEO of Crypto.com said successful a property statement.
Edited by Parikshit Mishra.
English (US) 