According to a recent statement, cryptocurrency exchange Coinbase has received approval from Spain's central bank to allow Spanish citizens to securely buy, sell, and trade crypto assets.
Cryptocurrency exchange Coinbase has secured an Anti-Money Laundering compliance registration from Spain’s central bank, as part of its ongoing expansion across Europe., the registration with the Bank of Spain now means that Spanish users will be able to retain custody of their crypto assets on Coinbase, as well as buy and sell crypto assets in Spain's legal tender, the Euro.
It highlighted that almost one-third of individuals in Spain have a positive outlook on digital assets. “29% of adults in Spain believe crypto is the future of finance,” it stated. Nana Murugesan, vice president of international and business development at Coinbase, stated that the exchange continues to seek regulatory compliance across the world:
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