Bitpanda, an Austrian cryptocurrency exchange that was valued at $4.1 billion last summer, have received registration as a virtual currency exchange and digital asset custody service provider in Spain.
The company’s name appeared in the Bank of Spain’s registry for crypto enterprises on June 16. The registry itself opened in October 2021. At the moment, it includes 15 companies. Speaking to Cointelegraph, Bitpanda's representative specified that the company has been de-facto operating in the country since 2014.
Spain marks the sixth European country in which the Vienna-based company has obtained a license. In December 2020 it registered with the Financial Markets Authority of France, while in May and June 2022 it became the first foreign crypto provider with registration in Sweden and one of the first to get the Italian Virtual Asset Services Provider (VASP) license.
In the company’s announcement, Bitpanda co-founder and co-CEO Eric Demuth pledged its commitment to providing a safe...
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