![Crypto[.]Com Expands In Europe While Binance Faces Hurdles](https://chargeback.y3llowl4bs.com/wp-content/uploads/2023/06/crypto.com_EU-1170x780.jpg)
Crypto News: Crypto.Com, a leading crypto exchange on Friday announced receiving registration clarity in Spain. As per the release, the Bank of Spain granted the crypto exchange with Virtual Asset Service Provider (VASP) license. However, this development comes in when the biggest crypto exchange by trading volume, Binance is facing compliance hurdles in Europe.
Also Read: Ripple Highlights CBDC Adoption; XRP Price Drops 3%
In order to gain a VASP permit in Spain, Crypto.com went under review for compliance with Anti-Money laundering rules, AMLD, and other finance linked directives.
(THIS IS A DEVELOPING NEWS)
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