Crypto.com receives regulatory approval to supply crypto providers in Spain

Singapore-based cryptocurrency trade service supplier Crypto.com has obtained a digital asset service supplier registration from the Financial institution of Spain. The regulatory approval permits the trade to supply a variety of crypto-focused providers to prospects in Spain, a rustic that has not too long ago taken a constructive method to crypto.

The crypto trade platform needed to comprehensively evaluation its Anti-Cash Laundering Directive compliance and cling to different monetary crimes legal guidelines earlier than getting the nod. The most recent regulatory approval in Spain comes inside weeks of buying a serious fee establishment license for digital fee token providers from the Financial Authority of Singapore.

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