Crypto.com gains VASP license in Spain

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Crypto.com registers as VASP in Spain" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/06/Crypto.com-VASP-Spain.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><h2>Regulatory licence momentum</h2>
<p>The latest registration in Spain for Crypto.com continues the cryptocurrency platform’s momentum of gaining regulatory approvals in the UK, France, South Korea, Singapore, Italy, Australia, and other regions. The company recently obtained a Major Payment Institution (MPI) licence for Digital Payment Token (DPT) from the Monetary Authority of Singapore (MAS) <a href="https://www.leaprate.com/cryptocurrency/licensing/crypto-com-secures-payment-institution-license-from-mas/" target="_blank" rel="noopener">in Singapore</a>. The license was granted following an in-principal approval from MAS the company gained in June 2022.</p>
<p>Furthermore, Crypto.com has acquired a license from MAS that allows the platform to provide e-money issuance, account issuance, and both cross-border and domestic money transfer services.</p>
<p><a href="https://www.leaprate.com/cryptocurrency/licensing/crypto-com-secures-regulatory-approval-from-uk-fca/" target="_blank" rel="noopener">In the United Kingdom</a>, Crypto.com possesses a license sanctioned by the Financial Conduct Authority (FCA) to engage in regulated crypto asset business. <a href="https://www.leaprate.com/cryptocurrency/licensing/crypto-com-obtains-regulatory-approval-in-france/" target="_blank" rel="noopener">In France,</a> the exchange operates under a license as a digital asset service provider (DASP). Moreover, as the company’s headquarters are situated in Singapore, they have been granted a Minimal Viable Product (MVP) Preparatory license in the UAE, enabling them to offer spot and derivatives instruments for virtual assets.</p>
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