Binance's Subsidiary Moon Tech Spain Licensed In Spain - Coinleaks
Current Date:November 7, 2024

Binance’s Subsidiary Moon Tech Spain Licensed In Spain

Cryptocurrency With the rapid development of the sector, studies in this field have also gained momentum. According to the latest information; Moon Tech Spain, a subsidiary of Binance, Bank of Spain Received the necessary license to become a virtual asset service provider from . The statement in question BinanceMade via Twitter account:

Binance Acquires Digital Asset Service Provider License in Spain

Cryptocurrency exchange Binance,Moon Tech Spain received approval from the Bank of Spain to become a virtual asset service provider through its company.

BinanceHe made the following statement on the subject:

Binance is registered by the Bank of Spain as a Virtual Asset Services Provider (VASP) for its Spanish subsidiary. This will allow Binance to offer crypto-asset exchange and custody services in Spain in accordance with the central bank’s AML and CTF rules.

Finally, it will allow Binance to offer crypto-asset exchange and custody services in Spain in accordance with the requirements of the central bank’s money laundering and counter-terrorism financing (AML/CTF) rules.