Coinbase obtains AML registration with the Bank of Spain

THE Anti-money Whitening (AML) registration will allow cryptocurrency exchange Coinbase has offer It is services has both retail And institutional investors In Spain.

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Cryptocurrency exchange Coinbase has secure A Anti-money Whitening (AML) compliance registration Since Spain central bank, as part of It is in progress expansion through Europe.

According to has A Seven. 22 statement, THE registration with THE Bank of Spain NOW means that Spanish users will be able has retain jail of their crypto assets on Coinbase, as GOOD as buy And sell crypto assets In Spain legal tender, THE Euros.

"This registration will allow Coinbase has offer OUR complete following of some products And services has retail And institutional users In Spain, all In compliance with THE national legal frame"

He Underlines that almost a third of people In Spain to have A positive outlook on digital assets. “29% of adults In Spain believe crypto East THE future of finance," he said.

In addition, he note that crypto has NOW become THE second most favorite payment method In Spain, surpassing traditional bank transfers.

Granny Murugesan, vice president of international And business development has Coinbase, declared that THE exchange keep on going has seek regulatory compliance through THE world:

"In THE last year alone We to have got VASP registrations In Italy, Ireland, And THE The Netherlands, as GOOD as in principle approval And launch In Singapore, launch In Brazil, And, most recently, launch In Canada. »

Excited has announce another major international milestone For Coinbase with Today VASP registration Since THE Bank of Spain

Cryptocurrency regulatory clarity In THE EU East portion has accelerate OUR expansion efforts In THE region! https://t.co/W78LHKzcB5

— Granny Murugesan ️ (@NanaMurugesan)