Home Blockchain Crypto Bank BVNK obtains operating license from the Bank of Spain

Crypto Bank BVNK obtains operating license from the Bank of Spain

0
Crypto Bank BVNK obtains operating license from the Bank of Spain

Source: blockchain.news

London-based digital currency banking service provider BVNK has Announced It is now a Virtual Asset Service Provider (VASP) licensed by the Bank of Spain.

BVNK2.jpg

While there are a number of startups offering related products and services, such as BVNK, the startup’s offering is positioned to allow users to access financial services more easily.

BVNK’s business proposal seeks to make its platform a one-stop shop that can meet the needs of all investors. The platform offers a trading account that improves the accessibility of all users to foreign currencies such as the United States Dollar (USD), the Euro, and the British Pound Sterling (GBP), among others.

Users will also gain access to crypto wallet services where they can also keep custody of their funds. BVNK offers performance products that allow startup users to earn rewards in the form of interest on their capital. BVNK’s products also include its marketplace offering, a trading engine designed for high-volume transactions.

BVNK Insights is an analysis tool that provides all platform users with analysis of market trends, allowing them to make informed trading decisions. With its presence in Spain, potential users will be able to access the products and services, as well as many others, that it will launch in the near future.

“The registration in Spain will be the first of many similar milestones and demonstrates our commitment to becoming a globally recognized company that meets the highest international regulatory standards,” said Maximilian von Both, Chief Legal, Risk and Compliance Officer of BVNK.

Spain is now growing to become a very generous European nation along with France, Italy and Cyprus as digital currency trading platforms are listening licenses through regulators in these countries to gain access to the rest of Europe.

Image Source: Shutterstock

Read More at blockchain.news