bitcoin
Bitcoin (BTC) $ 98,589.41 5.45%
ethereum
Ethereum (ETH) $ 3,490.95 3.95%
tether
Tether (USDT) $ 1.00 0.13%
xrp
XRP (XRP) $ 2.32 6.33%
bnb
BNB (BNB) $ 695.05 2.23%
solana
Solana (SOL) $ 196.07 6.31%
dogecoin
Dogecoin (DOGE) $ 0.333876 6.77%
usd-coin
USDC (USDC) $ 1.00 0.24%
staked-ether
Lido Staked Ether (STETH) $ 3,481.74 3.78%
cardano
Cardano (ADA) $ 0.935789 5.22%
Blog

Crypto.com Secures a Regulatory License in Spain

The leading cryptocurrency exchange – Crypto.com – obtained a Virtual Asset Service Provider (VASP) registration from the central bank of Spain.

The financial institution has shown a positive stance toward digital asset companies in the past few years, giving a regulatory nod to Binance’s subsidiary – Moon Tech Spain – last summer.

  • Crypto.com announced the news on its official website, saying the license will allow it to offer a variety of products and services to customers in the Iberian nation.
  • It added that the registration was secured after complying with anti-money laundering procedures and other safeguard requirements.
  • CEO Kris Marszalek described the VASP authorization in Spain as “the latest testament to our commitment to compliance and eagerness to work with regulators and public officials in responsibly advancing crypto and blockchain technology.”
  • Regulatory bodies across the globe have given the marketplace numerous licenses over the years.
  • Some agencies that have done so are the French Autorité des marchés financiers (AMF), the Financial Conduct Authority (FCA) in the United Kingdom, Italy’s Organismo Agenti e Mediatori (OAM), the Monetary Authority of Singapore (MAS), and others.

The post Crypto.com Secures a Regulatory License in Spain appeared first on CryptoPotato.

Related Posts
Major-binance-announcement-concerning-larger-traders-(report)
Cryptocurrency News Feeds

Major Binance Announcement Concerning Larger Traders (Report)

TL;DR Binance has introduced options for certain traders to hold assets with independent banks, in response to trust issues following the FTX collapse and regulatory challenges. The company’s new strategy aims to mitigate counterparty risk and enhance safety for institutional investors, amidst ongoing scrutiny from US watchdogs. Binance has reportedly enabled larger traders to keep their
Demand-for-bitcoin-increases-despite-regulatory-restrictions:-goldman-sachs-ceo
Cryptocurrency News Feeds

Demand for Bitcoin Increases Despite Regulatory Restrictions: Goldman Sachs CEO

The existing regulatory framework around cryptocurrency restricts Goldman Sachs from implementing its projects covering digital currencies, said the bank’s CEO, David Solomon. He added that customer demand has skyrocketed in recent months, which is the reason behind GS’s proactive crypto approach. US Rules Bring Challenges for Institutions Engaging with BTC Founded in 1869, Goldman Sachs…
Superfluid-secures-$5.1m-to-launch-distribution-pools-and-unlock-one-to-many-streams
Cryptocurrency News Feeds

Superfluid Secures $5.1M to Launch Distribution Pools and Unlock One-to-Many Streams

[PRESS RELEASE – London, United Kingdom, February 22nd, 2024] Optimism, Gitcoin and ENS DAO Adopt Token Streaming Protocol For Grant and Hackathon Payments Superfluid, the leading asset streaming protocol that brings subscriptions, salaries and rewards to DAOs and crypto-native businesses, today announced a $5.1M strategic round led by Fabric Ventures with participation from Multicoin Capital
Kraken-challenges-sec’s-case-accuracy-in-ongoing-dispute
Cryptocurrency News Feeds

Kraken Challenges SEC’s Case Accuracy in Ongoing Dispute

Kraken and the US Securities and Exchange Commission (SEC) remain embroiled in a dispute, as the crypto exchange filed a new document questioning the accuracy of the regulator’s case. The development comes three months after Kraken filed a motion to dismiss the SEC’s lawsuit against it. SEC’s Case Isn’t Worded Correctly Kraken recently filed a
Loading data ...
Comparison
View chart compare
View table compare
Back To Top