Spain has recently demonstrated a moderate approach to crypto regulation, which goes hand in hand with a high pace of adoption in the country.
Crypto exchange Bitstamp reported obtaining a license for operations with crypto in Spain. It marks approval in yet another European jurisdiction for an exchange, which has been focusing on the EU market since its launch in 2011.the news about its Spanish license on Nov. 17.
The approval from the Bank of Spain lets Bitstamp’s local subsidiary offer virtual currency exchange services for fiat currency and electronic wallet custody services to Spanish users. Bitstamp became the 46th virtual asset provider to receive a license in Spain, In January, the local financial regulator Comisión Nacional del Mercado de Valores announced a set of
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