Following in the footsteps of rivals Binance and BitPanda, Crypto.com has obtained a registration from digital asset service provider at Spain.
Singaporean exchange Crypto.com announced on Friday that it had landed a crypto registration with the Bank of Spain.
Receiving VASP registration from the Bank of Spain is the latest testament to our commitment to compliance and our eagerness to work with regulators and public officials to responsibly advance crypto and blockchain technology,” trumpeted Crypto.com boss Kris Marszalek in a statement.
The asiatic crypto exchange had already secured registrations of this type in several European countriesincluding a PSAN in France.
We’re excited to share our latest regulatory achievement in Europe!
We have obtained our Virtual Asset Provider Registration in Spain 🇪🇸🙌
Learn more:https://t.co/ZGmgE9n937 pic.twitter.com/fmkWt6npvK
– Crypto.com (@cryptocom) June 23, 2023
Earlier this month, Crypto.com announced that it had secured a Digital Token license from the Monetary Authority of Singapore. This year, the exchange also entered the preparatory phase of Dubai’s crypto regulation program.
As regulators around the world tighten the screws on the cryptoThe major platforms are working hard to comply in as many jurisdictions as possible.
Last year, Binance and Bitpanda, two exchanges competing with Crypto.com, have also obtained registrations in Spain.
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