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first Forums Gaming Game Review Crypto License in Spain Reply To: Crypto License in Spain

  • toxa

    Member
    2024-06-28 at 1:59 am
    212

    Spain is actively introducing cryptotechnology into everyday life. The country is among the leaders in the number of installed Bitcoin ATMs (more than 275). This jurisdiction does not have specifically adopted legislation to regulate virtual currencies, but there are clear rules for obtaining a VASP license and conducting further activities. In accordance with Law 10/2010 of April 28 on the Prevention of Money Laundering and Terrorist Financing, all virtual currency service providers (VASPs) must be registered with the Spanish Central Bank (SCB). More than 80 companies have already been registered since 2022. One of the most stringent requirements of the Regulator is that crypto businesses comply with all AML/CFT regulations. You should apply for a cryptocurrency license in Spain https://fastoffshorelicenses.com/spain-crypto-license/