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Bank of Spain Opens Mandatory Registry for VASPs

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also dispelled doubts that financial institutions had regarding whether they had to apply for the registry given they already comply with AML legislation. All institutions and persons must apply for the registry if they want to provide crypto-related services in Spain. Registry Opened for VASPs The Bank of Spain has finally opened the registry for Virtual Asset Service Providers (VASPs) in the country and clarified its scope and the…

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