Binance Secures VASP Certification in Spain

Azeez Mustapha

Updated:

UNLOCK DAILY FOREX SIGNALS

Select a Plan

£40

 1-month subscription

Select

£30

 3-month subscription

Select

£21.5

 6-month subscription

Select

£399

 lifetime subscription

Select

£50

 Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Behemoth cryptocurrency exchange Binance has secured the highly-coveted certification of the Bank of Spain to operate as a fully licensed Virtual Asset Service Provider (VASP) in the European nation. Essentially, Spanish authorities, through the Spanish subsidiary Moon Tech Spain, S.L., deem Binance compliant with all the AML/KYC requirements set by the Bank of Spain.

The latest development marks a notable milestone for the crypto exchange in Spain after filing for this certification in January. The VASP certification allows Binance to offer reading and custody services in the country. Commenting on the topic, Binance CEO Changpeng Zhao noted:

“Effective regulation is essential for the widespread adoption of cryptocurrencies. Moon Tech’s registration in Spain is an acknowledgment of the hard work and commitment of our teams to providing a platform that places user protection above all else.”

Meanwhile, the director of Binance Spain, Quim Giralt, noted in a statement that the cryptocurrency company plans to grow its operations and reach across Spain following the certification. Giralt further explained in the statement that:

“Following this registration, we will significantly expand our team and operations in Spain to make our services more accessible to everyone. Over the coming years, we will be hiring local talent to serve the Spanish-speaking market and helping to grow the local crypto ecosystem.”

Key Binance Coin Levels to Watch — July 11

Binance Coin (BNB) resumed its retreat from the $243 area on Monday, bottoming at the $230 support. The fifth-largest cryptocurrency has hovered above this line for most of today, indicating a potential rebound in the coming days.

BNBUSD – 4-Hour Chart on Binance. Source: TradingView.

From a broader view, BNB trades within a large bearish flag as illustrated on my 4-hour chart, supporting the possibility of a near-term rebound towards $250 in the coming days. Eventually, we could see a dip to the $215 after BNB runs out of momentum within the channel.

Meanwhile, my resistance levels are $230, $260, and $280, and my support levels are $200, $180, and $160.

Total Market Capitalization: $909.4 billion

Binance Coin Market Capitalization: $37.7 billion

Binance Coin Dominance: 4.14%

Market Rank: #5

 

You can purchase Lucky Block here. Buy LBlock

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$200 Min Deposit
9
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *