{"id":336980,"date":"2023-06-23T16:00:20","date_gmt":"2023-06-23T15:00:20","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=336980"},"modified":"2023-06-23T15:46:31","modified_gmt":"2023-06-23T14:46:31","slug":"crypto-com-expands-global-reach-with-vasp-registration-in-spain","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/crypto-com-expands-global-reach-with-vasp-registration-in-spain\/","title":{"rendered":"Crypto.com expands global reach with VASP registration in Spain"},"content":{"rendered":"<p>Cryptocurrency exchange <a href=\"https:\/\/cryptoslate.com\/companies\/crypto-com\/\">Crypto.com<\/a> said in a June 23 <a href=\"https:\/\/crypto.com\/company-news\/crypto-com-obtains-virtual-asset-service-provider-registration-in-spain\">announcement<\/a> that it received a Virtual Asset Service Provider (VASP) registration from the Bank of Spain, allowing it to offer its products and services to users in the country.<\/p>\n<p>The Singapore-based crypto platform stated that it underwent a &#8220;comprehensive review of its compliance with Anti-Money Laundering Directive (AMLD) and other financial crimes laws&#8221; before its registration was approved.<\/p>\n<p>Kris Marszalek, Crypto.com CEO, described the VASP registration as the latest testament to the company's &#8220;commitment to compliance and eagerness to work with regulators and public officials in responsibly advancing crypto and blockchain technology.&#8221;<\/p>\n<p>Marszalek added:<\/p>\n<blockquote><p>&#8220;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.&#8221;<\/p><\/blockquote>\n<p>The exchange further stated that the approval continues its regulatory license momentum, having received approval from regulators in other countries such as the United Kingdom, Singapore,\u00a0 South Korea, Australia, France, Dubai, Italy, Greece, Cyprus, and the Cayman Islands.<\/p>\n<p>Meanwhile, the registration is coming in less than a few days after the exchange was <a href=\"https:\/\/cryptoslate.com\/crypto-com-says-operating-in-house-trading-team-market-maker-not-controversial\/\">accused<\/a> of a potential conflict of interest with its operation of an internal trading team and a market maker on its platform.<\/p>\n<p>However, Crypto.com reportedly said there was nothing to worry about as its internal market maker is treated like an external one.<\/p>\n<h2>Crypto exchanges prepare for MiCA<\/h2>\n<p>With the highly anticipated Markets in Crypto Assets (MiCA) regulations all but finalized, several crypto exchanges like Binance have been <a href=\"https:\/\/cryptoslate.com\/binance-exits-cyprus-to-focus-on-larger-eu-markets-amid-regulatory-hurdles\/\">making moves<\/a> in Europe to remain compliant with the law.<\/p>\n<p>The EU website <a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2023\/05\/16\/digital-finance-council-adopts-new-rules-on-markets-in-crypto-assets-mica\/\">states<\/a> that the MiCA law forms part of a broader digital finance package. This package seeks to develop a European approach that promotes technological advancement and guarantees financial stability and consumer protection.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency exchange Crypto.com said in a June 23 announcement that it received a Virtual Asset Service Provider (VASP) registration from the Bank of Spain, allowing it to offer its products and services to users in the country. The Singapore-based crypto platform stated that it underwent a &#8220;comprehensive review of its compliance with Anti-Money Laundering Directive [&hellip;]<\/p>\n","protected":false},"author":720,"featured_media":337011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[76701,77273,78637],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto.com expands global reach with VASP registration in Spain<\/title>\n<meta name=\"description\" content=\"Singapore-based cryptocurrency exchange Crypto.com said it has received a VASP registration from the Bank of Spain.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/crypto-com-expands-global-reach-with-vasp-registration-in-spain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto.com expands global reach with VASP registration in Spain\" \/>\n<meta property=\"og:description\" content=\"Singapore-based cryptocurrency exchange Crypto.com said it has received a VASP registration from the Bank of Spain.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/crypto-com-expands-global-reach-with-vasp-registration-in-spain\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-23T15:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-23T14:46:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/06\/cryptoCom-spain.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/crypto-com-expands-global-reach-with-vasp-registration-in-spain\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/crypto-com-expands-global-reach-with-vasp-registration-in-spain\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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