The Central
Bank of Spain has approved the registration of a crypto exchange, Crypto.com,
as a Virtual Asset Services Provider (VASP).
Announcing
this development on Friday, Crypto.com made it clear that the approval was done
after a thorough examination of its conformity with Anti-Money Laundering
Directive (AMLD) and other financial crimes laws.
The crypto
company went further to say that the development permits it to offer
comprehensive products and services to users domiciled in Spain.
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