Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider

• In March, the CNV opened the registry of virtual asset carrier suppliers, which is required for corporations within the field that are desperate to characteristic within the country

• In 2023, Bit2Me raised $15 million in a funding round to develop its affirm in Spain and skedaddle its growth in Latin The United States

Bit2Me, a number one Spanish crypto alternate, received approval as a virtual asset carrier provider (VASP) from Argentina’s Nationwide Securities Fee (CNV), the firm said Friday.

“This authorization reinforces Bit2Me’s affirm as a firm aligned with native regulatory standards, which affords self perception to both merchants and Argentine monetary institutions,” the firm said in a Spanish-language assertion.

In March, the CNV opened the registry of virtual asset carrier suppliers, which is required for corporations within the field that are desperate to characteristic within the country. The registry has seventy nine accredited to this level, in accordance to an loyal list equipped by the CNV.

In June 2023, Bit2Me raised $15 million in a funding round to develop its affirm in Spain and skedaddle its growth in Latin The United States. It has already taken concrete steps, among them the 2022 acquisition of a majority stake within the Peruvian learn about Fluyez.

Moreover in 2022, Bit2Me obtained approval from the Bank of Spain to be a provider of services for the alternate of virtual currency for fiat currency and the custody of digital wallets in that country.