Spain has approved another crypto exchange to operate! The registration in Spain follows the acceptance of Bitstamp in Italy in July.
European cryptocurrency exchange Bitstamp has received authorization to operate in Spain from the country’s central bank, adding it to its growing list of authorizations across Europe. Bitstamp can now offer a currency exchange service for fiat currency holdings and an e-wallet service to Spanish users, the exchange announced in an email Thursday.
The registration in Spain follows the acceptance of Bitstamp in Italy in July. Founded in 2011, the exchange is registered to operate in Luxembourg and the Netherlands.
There have been a number of crypto exchanges expanding their license plates across Europe over the past few months, anticipating the arrival of the European Union (EU) Crypto Asset Markets (MiCA) Regulations. ). Registration in individual member states should in theory support work across the barrier.
Recently, Coinbase gained approval in the Netherlands, Crypto.com in Italy and Luno registered in France. The European Parliament was supposed to vote on MiCA in December, although it was postponed until February due to the length and complexity of the text.
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