Coinbase Becomes Registered Crypto Exchange in Spain

Coinbase has secured an Anti-Money Laundering (AML) compliance registration from the Bank of Spain, making it a registered crypto exchange in the country. In a Friday blog post, the largest cryptocurrency in the US revealed its expansion across Europe, saying that Spanish users can now confidently store their digital assets on the platform, as well as engage in buying and selling crypto assets using the euro. The registration with the Bank of Spain allows Coinbase to offer its full suite of products and services to both retail and institutional users in Spain while ensuring compliance with the country's legal framework. It has also received in-principle approval from other countries too.

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