The Bank of Spain has awarded a virtual asset service provider license to Crypto.com, which will enable the firm to offer cryptocurrency trading and payments in the country. Crypto.com is seeking to build a global network and in recent months has received regulatory approval in Singapore, Spain, the U.K., France, Australia, Greece, Canada, the U.S. and a handful of other countries. Spain, which began registering cryptocurrency providers, has drawn registrations from Binance, Bitstamp and fintech BVNK, according to Coindesk. “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,” said Kris Marszalek, CEO of Crypto.com, in a release. —John Adams
