Bit2Me crypto exchange has received a license from the Bank of Spain

It is the country’s first fully licensed digital asset platform

21.02.2022 - 07:20

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What’s new? According to the official Twitter account of the Bit2Me cryptocurrency exchange, the platform has been licensed by the Bank of Spain and can provide clients with services related to trading and storing digital assets. The exchange currently has an audience of more than 100 000 people in Spain.

Bit2Me es el PRIMER EXCHANGE DEL MUNDO reconocido por el @BancoDeEspana. 🙌Un nuevo hito para el sector #cripto que demuestra nuestros avances y los de todo el ecosistema.#Bitcoin es imparable. 🚀Más info: https://t.co/WPMbn9Uqhz pic.twitter.com/bNdb7YDz13— Bit2Me (@bit2me) February 17, 2022

What is known about the regulator’s license? Bit2Me is the first crypto company in Spain to be registered by the local regulator as a provider of services for storing digital wallets and digital currency exchange. According to the published documents, the cryptocurrency exchange is fully compliant with KYC and AML requirements, as well as commercial and financial institution regulations.

Since being licensed, Bit2Me can work with local credit organizations as well as legally serve Spanish users. Currently, their number is around 100 000 out of a total of 500 000 registered clients on the exchange.

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