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Crypto.com Awarded Virtual Asset Service Provider Registration by Bank of Spain.

CronosChainNews by CronosChainNews
June 23, 2023
in Cronos, Regulations
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Crypto.com Awarded Virtual Asset Service Provider Registration by Bank of Spain.
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In a momentous development, Crypto.com proudly announces its official Virtual Asset Service Provider (VASP) registration by the esteemed Bank of Spain. This achievement comes as a result of a rigorous evaluation of Crypto.com’s compliance with the Anti-Money Laundering Directive (AMLD) and other financial crimes laws, showcasing the company’s unwavering commitment to maintaining the highest standards of regulatory adherence and user protection. With this coveted registration in hand, Crypto.com is now empowered to offer an array of cutting-edge products and services to the crypto enthusiasts of Spain. Kris Marszalek, the visionary CEO of Crypto.com, expressed his delight and dedication to responsible innovation, saying, “Receiving the VASP registration from the Bank of Spain is the latest testament to our commitment to compliance and eagerness to work with regulators and public officials in responsibly advancing crypto and blockchain technology. We look forward to continuing to work with the Bank of Spain as we launch our products and services in-market and providing users with the comprehensive, safe, and secure crypto experience that they desire.” This milestone not only marks Crypto.com’s exceptional strides in the crypto realm but also reaffirms its dedication to fostering a secure and user-centric ecosystem. As they set their sights on the vibrant Spanish market, Crypto.com stands poised to deliver unparalleled crypto offerings, revolutionizing the way users interact with digital assets. Their unyielding pursuit of excellence sets a precedent for others in the industry to follow, as they embrace the future of finance with regulatory compliance and customer well-being at the forefront. As the crypto landscape evolves, Crypto.com remains at the forefront of innovation, driven by a passion for empowering users and collaborating with regulatory bodies to shape a progressive and responsible crypto future. With the Bank of Spain’s stamp of approval, Crypto.com stands ready to usher in a new era of secure and accessible crypto services for the Spanish community, redefining the boundaries of what’s possible in the world of digital finance. The partnership between Crypto.com and the Bank of Spain holds the promise of a dynamic and inclusive crypto revolution, as they work hand in hand to build bridges between traditional finance and the cutting-edge world of cryptocurrencies. Brace yourself for the dawn of a transformative era in Spain’s crypto landscape, as Crypto.com paves the way for a brighter and bolder financial future.
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