In an announcement on Thursday, BVNK referred to VASP registration in Spain as a “springboard for expansion” across the European Union (EU). Under the EU’s Markets in Crypto Assets (MiCA) legislation, which is on the verge of becoming law, crypto companies licensed in individual member states can market their services across the 27-country bloc, provided they meet minimum guarantees intended to protect investors and maintain stability.
Source: https://www.coindesk.com/policy/2022/10/13/crypto-banking-platform-bvnk-wins-registration-in-spain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines