Cryptocurrency News

Binance gets crucial license for its Spanish subsidiary from the Bank of Spain

07/08/2022

Less than a minute

2022.07.08 17:10

Binance gets crucial license for its Spanish subsidiary from the Bank of Spain

Crypto exchange Binance has been registered as a virtual asset service provider (VASP) by the Bank of Spain. This allows the exchange to offer custody and crypto exchange services in the country legally.

Binance said in an announcement on Friday that its Spanish subsidiary, called Moon Tech Spain, was registered as a VASP by the national central bank in Spain on July 7. It applied for registration in January.

07/08/2022

Less than a minute

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