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Questions tagged [bank of spains vasp registration]

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BonsaiGrace BonsaiGrace Sat Jun 08 2024 | 7 answers 1692

Is crypto com in Spain?｜with Bank of Spain's VASP Registration

Could you please clarify for me, is Crypto.com operational in Spain? I've heard that the Bank of Spain has a VASP Registration system, does Crypto.com have a registration with them? It's quite important for me to know as I'm considering investing in cryptocurrencies and would like to ensure the platform I choose is fully compliant with local regulations. Could you also elaborate on the significance of the VASP Registration and how it affects the crypto ecosystem in Spain? Thank you for your assistance.

Is crypto com in Spain?｜with Bank of Spain's VASP Registration

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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