Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n
Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n
Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n
Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n
Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Crypto.com\u2019s license allows it to offer a range of payment services, including e-money and fiat operations, enabling the exchange to integrate its services deeper into the GCC\u2019s financial infrastructure, the company reported<\/a>.<\/p>\n\n\n\n See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Bahrain has emerged as a key player in the Middle East\u2019s crypto and fintech ecosystem, attracting attention from industry giants. In addition to Crypto.com, other major exchanges like Binance and BitOasis have secured licenses to operate in the country, with Binance receiving its license in March 2022 and BitOasis in 2023.<\/p>\n\n\n\n Crypto.com\u2019s license allows it to offer a range of payment services, including e-money and fiat operations, enabling the exchange to integrate its services deeper into the GCC\u2019s financial infrastructure, the company reported<\/a>.<\/p>\n\n\n\n See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Crypto.com has become the latest major crypto exchange to receive a full payment service license from the Central Bank of Bahrain (CBB). Through this expansion, the company plans to expand its presence in the Gulf region, provide a range of services, from e-money transactions and issue prepaid cards across the Gulf Cooperation Council (GCC) states.<\/p>\n\n\n\n Bahrain has emerged as a key player in the Middle East\u2019s crypto and fintech ecosystem, attracting attention from industry giants. In addition to Crypto.com, other major exchanges like Binance and BitOasis have secured licenses to operate in the country, with Binance receiving its license in March 2022 and BitOasis in 2023.<\/p>\n\n\n\n Crypto.com\u2019s license allows it to offer a range of payment services, including e-money and fiat operations, enabling the exchange to integrate its services deeper into the GCC\u2019s financial infrastructure, the company reported<\/a>.<\/p>\n\n\n\n See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Crypto.com has become the latest major crypto exchange to receive a full payment service license from the Central Bank of Bahrain (CBB). Through this expansion, the company plans to expand its presence in the Gulf region, provide a range of services, from e-money transactions and issue prepaid cards across the Gulf Cooperation Council (GCC) states.<\/p>\n\n\n\n Bahrain has emerged as a key player in the Middle East\u2019s crypto and fintech ecosystem, attracting attention from industry giants. In addition to Crypto.com, other major exchanges like Binance and BitOasis have secured licenses to operate in the country, with Binance receiving its license in March 2022 and BitOasis in 2023.<\/p>\n\n\n\n Crypto.com\u2019s license allows it to offer a range of payment services, including e-money and fiat operations, enabling the exchange to integrate its services deeper into the GCC\u2019s financial infrastructure, the company reported<\/a>.<\/p>\n\n\n\n See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Crypto.com has become the latest major crypto exchange to receive a full payment service license from the Central Bank of Bahrain (CBB). Through this expansion, the company plans to expand its presence in the Gulf region, provide a range of services, from e-money transactions and issue prepaid cards across the Gulf Cooperation Council (GCC) states.<\/p>\n\n\n\n Bahrain has emerged as a key player in the Middle East\u2019s crypto and fintech ecosystem, attracting attention from industry giants. In addition to Crypto.com, other major exchanges like Binance and BitOasis have secured licenses to operate in the country, with Binance receiving its license in March 2022 and BitOasis in 2023.<\/p>\n\n\n\n Crypto.com\u2019s license allows it to offer a range of payment services, including e-money and fiat operations, enabling the exchange to integrate its services deeper into the GCC\u2019s financial infrastructure, the company reported<\/a>.<\/p>\n\n\n\n See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Crypto.com has become the latest major crypto exchange to receive a full payment service license from the Central Bank of Bahrain (CBB). Through this expansion, the company plans to expand its presence in the Gulf region, provide a range of services, from e-money transactions and issue prepaid cards across the Gulf Cooperation Council (GCC) states.<\/p>\n\n\n\n Bahrain has emerged as a key player in the Middle East\u2019s crypto and fintech ecosystem, attracting attention from industry giants. In addition to Crypto.com, other major exchanges like Binance and BitOasis have secured licenses to operate in the country, with Binance receiving its license in March 2022 and BitOasis in 2023.<\/p>\n\n\n\n Crypto.com\u2019s license allows it to offer a range of payment services, including e-money and fiat operations, enabling the exchange to integrate its services deeper into the GCC\u2019s financial infrastructure, the company reported<\/a>.<\/p>\n\n\n\n See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\n Bit2Me's new license<\/a> aligns it with Argentina's emerging crypto regulations, giving it the legal backing to expand further. This approval followed the CNV's initiative to formalize the operations of crypto companies in Argentina, a process that began in March when the CNV launched its registry for virtual asset service providers. So far, 79 companies have reportedly been approved under this program.<\/p>\n\n\n\n After raising $15 million in 2023 to strengthen its position in Spain and Latin America, the exchange has aggressively pursued regional growth. It acquired a majority stake in the Peruvian exchange Fluyez in 2022, and this latest move in Argentina is part of a broader strategy to increase its influence across the continent.<\/p>\n\n\n\n The VASP license from Argentina further strengthens the company's reputation. In a statement, Bit2Me highlighted that the approval not only adheres to local regulations but also \"provides confidence to both investors and Argentine financial institutions,\" an important factor as the crypto space gains mainstream acceptance in the region.<\/p>\n\n\n\n See Related: <\/em><\/strong>Argentina Approves Bybit\u2019s VASP Registration As Country Tightens Crypto Laws<\/a><\/p>\n\n\n\n Argentina's National Securities Commission opened the registry for virtual asset service providers in March 2023, signaling a shift towards stricter oversight of the burgeoning crypto market. The CNV's registry is a necessary step for any crypto company seeking to operate within the country's borders legally.<\/p>\n\n\n\n Bit2Me's inclusion in the registry signifies its adherence to the latest regulatory standards and positions the company to capture a growing share of Argentina's crypto users. The country has become one of Latin America's more active crypto markets, driven by economic instability and a search for alternative financial systems.<\/p>\n\n\n\n Bit2Me's expansion in Argentina adds to its series of regulatory wins. In 2022, it obtained approval from the Bank of Spain to provide fiat-to-crypto exchange services and custody digital wallets. Bit2Me's recent funding, coupled with regulatory approval in Spain and Argentina, sets the stage for further expansion across the region.<\/p>\n","post_title":"Spain's Crypto Exchange Bit2Me Gets VASP License In Argentina","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"spains-crypto-exchange-bit2me-gets-vasp-license-in-argentina","to_ping":"","pinged":"","post_modified":"2024-09-16 02:58:19","post_modified_gmt":"2024-09-15 16:58:19","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18694","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In a statement following the court's dismissal, Consensys expressed disappointment but emphasized that the fight was not over. Consensys also highlighted growing political interest in Washington regarding digital assets and blockchain technology, suggesting a potential shift in how lawmakers and regulators view the industry.<\/p>\n","post_title":"Judge Dismisses Consensys' Lawsuit against SEC Over Ethereum Regulation","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"judge-dismisses-consensys-lawsuit-against-sec-over-ethereum-regulation","to_ping":"","pinged":"","post_modified":"2024-09-23 20:37:07","post_modified_gmt":"2024-09-23 10:37:07","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18823","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18820,"post_author":"1","post_date":"2024-09-23 20:29:22","post_date_gmt":"2024-09-23 10:29:22","post_content":"\n Crypto.com has become the latest major crypto exchange to receive a full payment service license from the Central Bank of Bahrain (CBB). Through this expansion, the company plans to expand its presence in the Gulf region, provide a range of services, from e-money transactions and issue prepaid cards across the Gulf Cooperation Council (GCC) states.<\/p>\n\n\n\n Bahrain has emerged as a key player in the Middle East\u2019s crypto and fintech ecosystem, attracting attention from industry giants. In addition to Crypto.com, other major exchanges like Binance and BitOasis have secured licenses to operate in the country, with Binance receiving its license in March 2022 and BitOasis in 2023.<\/p>\n\n\n\n Crypto.com\u2019s license allows it to offer a range of payment services, including e-money and fiat operations, enabling the exchange to integrate its services deeper into the GCC\u2019s financial infrastructure, the company reported<\/a>.<\/p>\n\n\n\n See Related: <\/em><\/strong>CryptoCom Removes Doge, Shiba Inu Among Others From Its Crypto Earn Program<\/a><\/p>\n\n\n\n \u201cBahrain has been working to create an innovation-friendly crypto and fintech ecosystem, which has involved putting in place clear regulation that balances consumer protection with commercialization,\u201d<\/em> Eric Anziani, the President and COO of Crypto.com, said. \u201cWe appreciate the work of the Kingdom and look forward to progressing our relationship as we play our part in growing the crypto industry in Bahrain and across the GCC.\u201d<\/em><\/p>\n\n\n\n The Bahrain license marks another milestone in Crypto.com\u2019s global expansion strategy. The platform has been steadily extending its footprint, recently receiving regulatory approval in several other regions, including Singapore, France, Australia, and the United Kingdom, Cointelegraph reported<\/a>. \u00a0<\/p>\n\n\n\n Most notably, Crypto.com secured a virtual asset service provider license from Dubai\u2019s Virtual Assets Regulatory Authority (VARA) in November 2023, which allows it to operate across the UAE under an agreement established by VARA earlier in the year.<\/p>\n\n\n\n Crypto.com\u2019s expansion is not without challenges. In July 2023, the exchange faced a $3 million fine from the Dutch Central Bank for operating without a proper license for over two years. Despite this, the platform successfully registered in the Netherlands and continues to expand its regulatory footprint globally.<\/p>\n","post_title":"Crypto.com Obtains Payment Service License From Bahrain Central Bank","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"crypto-com-obtains-payment-service-license-from-bahrain-central-bank","to_ping":"","pinged":"","post_modified":"2024-09-23 20:29:28","post_modified_gmt":"2024-09-23 10:29:28","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18820","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18694,"post_author":"1","post_date":"2024-09-16 02:58:13","post_date_gmt":"2024-09-15 16:58:13","post_content":"\n Spanish crypto exchange Bit2Me has secured approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP), marking a key step in its regional expansion.<\/p>\n\n\n\nArgentina's Regulatory Push For Crypto Services<\/h2>\n\n\n\n
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