Binance as Moon Tech obtains VASP registration in Spain

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Binance

Now more and more countries take Binance as a legal institution to buy and trade coins on their platform.

Almost 1 month after Binance obtained regulatory approval from Italian authorities, the crypto services provider announced today that it has secured the Virtual Asset Services Provider registration from the Bank of Spain.

Spanish subsidiary, Moon Tech Spain, S.L., has been granted registration as a Virtual Asset Services Provider(VASP) .

“Effective regulation is essential for the widespread adoption of cryptocurrencies. We have invested significantly in compliance and introduced AMLD 5 and 6 compliant tools and policies to ensure that our platform remains the safest and most trustworthy in the industry. Moon Tech’s registration in Spain is an acknowledgement of the hard work and commitment of our teams to providing a platform that places user protection above all else,” Changpeng Zhao, Founder and Chief Executive Officer of Binance, commented.

Binance

About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, Binance is commited to increasing financial freedom for users, and features an unmatched portfolio of latest crypto projects , products and offerings, including: crypto spot trading, education, data and research, decentralization and infrastructure solutions, and more.

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