Crypto.com receives regulatory approval to offer crypto services in Spain By Cointelegraph

Singapore-based cryptocurrency exchange service provider Crypto.com has obtained a virtual asset service provider registration from the Bank of Spain. The regulatory approval allows the exchange to offer a range of crypto-focused services to customers in Spain, a country that has recently taken a positive approach to crypto.

The crypto exchange platform had to comprehensively review its Anti-Money Laundering Directive compliance and adhere to other financial crimes laws before getting the nod. The latest regulatory approval in Spain comes within weeks of acquiring a major payment institution license for digital payment token services from the Monetary Authority of Singapore.