Binance will offer crypto asset exchange and custody services in Spain in compliance with requirements of its central bank
The exchange's CEO and founder Changpeng Zhao noted in a news release that the exchange has"invested significantly" in compliance and has introduced AMLD 5 and 6 compliant tools and policies.
Moon Tech director Quim Giralt added that the business would significantly expand its team in the region."Over the coming years we will be hiring local talent to serve the Spanish-speaking market and helping to grow the local crypto ecosystem," he said. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.Lucy is a senior reporter at The Block focusing on fintech. Prior to joining, she worked as a freelancer, with bylines in Wired, Newsweek and The Wall Street Journal, among other publications.
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