Crypto.com Secures VASP Registration in Spain – Taking Crypto Compliance to the Next Level!

By Lola Coin Jun 26, 202369Views

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Singapore-based cryptocurrency exchange Crypto.com has obtained registration as a Virtual Asset Service Provider (VASP) in Spain. This registration was granted by the Bank of Spain after reviewing the exchange’s compliance with the Anti-Money Laundering Directive (AMLD) and its ability to protect its users. With this VASP registration, Crypto.com can now offer its products and services to customers in Spain. CEO Kris Marszalek expressed the exchange’s commitment to compliance and its eagerness to work with regulators and officials in advancing crypto and blockchain technology. Crypto.com has been gaining regulatory momentum, having recently obtained various registrations and approvals in countries like France, the UK, South Korea, Australia, Italy, Greece, Cyprus, and the Cayman Islands. However, the exchange faced negative attention after the Financial Times published a report questioning its trading practices, which Crypto.com denied.

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