Bit2Me, Spanish Crypto Exchange, Secures VASP License in Argentina

IconCryptoNewsTerminal Staff13 Sep, 2024

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Bit2Me, Spanish Crypto Exchange, Secures VASP License in Argentina

Bit2Me, a prominent Spanish cryptocurrency exchange, has successfully obtained a Virtual Asset Service Provider (VASP) license from Argentina's National Securities Commission (CNV), as reported by Coindesk. This significant milestone marks Bit2Me's growing presence in Latin America, following its $15 million funding round last year dedicated to regional expansion. The VASP license empowers Bit2Me to legally operate in Argentina, offering a range of cryptocurrency services to its customers. The company's commitment to regulatory compliance and customer protection aligns with the growing recognition of cryptocurrencies as legitimate financial instruments. Bit2Me's expansion into Argentina signifies the growing adoption of digital assets in Latin America. As the region continues to embrace cryptocurrencies, exchanges like Bit2Me play a critical role in providing secure and regulated platforms for trading and managing digital currencies. ```