Crypto.com Gains Spain’s Central Bank Approval to Offer Crypto Services

Crypto.com, the Singapore-based crypto exchange, has reportedly gained a virtual asset service provider registration from the Spain’s central bank. The news is closely followed by the licence approval for the company to conduct digital payment token (DPT) services in Singapore in early June. To gain the approval, Crypto.com needed to prove its compliance with the Anti-Money Laundering Directive and other financial crimes laws. CEO Kris Marszalek stated the firm’s entrance into Spain’s market affirms its commitment to compliance. The company now has regulatory consent in different countries, including Singapore, France, the United Kingdom, Dubai, South Korea, Australia, Italy, etc.

Sources: https://cutt.ly/jwyfQlhL