In March, the CNV opened the registry of digital asset service suppliers, which is required for firms within the sector that wish to function within the nation
In 2023, Bit2Me raised $15 million in a funding spherical to develop its place in Spain and speed up its growth in Latin America
Bit2Me, a number one Spanish crypto trade, obtained approval as a digital asset service supplier (VASP) from Argentina’s Nationwide Securities Fee (CNV), the corporate mentioned Friday.
“This authorization reinforces Bit2Me’s place as an organization aligned with native regulatory requirements, which supplies confidence to each buyers and Argentine monetary establishments,” the corporate mentioned in a Spanish-language assertion.
In March, the CNV opened the registry of digital asset service suppliers, which is required for firms within the sector that wish to function within the nation. The registry has 79 authorised up to now, in accordance to an official listing offered by the CNV.
In June 2023, Bit2Me raised $15 million in a funding spherical to develop its place in Spain and speed up its growth in Latin America. It has already taken concrete steps, amongst them the 2022 acquisition of a majority stake within the Peruvian peer Fluyez.
Additionally in 2022, Bit2Me obtained approval from the Financial institution of Spain to be a supplier of providers for the trade of digital foreign money for fiat foreign money and the custody of digital wallets in that nation.