Coinbase Earns Spanish Central Bank Approval, Solidifying Its Position in Europe

Coinbase Earns Spanish Central Bank Approval, Solidifying Its Position in Europe



Coinbase has recently gained approval from the bank of Spain to officially operate as a Bitcoin and digital asset exchange while also offering custodial wallet services. This exciting development allows Coinbase to expand its services in Spain and across Europe catering to both institutional clients.



In a blog post written on September 22 Nana Murugesan, Vice President of International and Business Development at Coinbase expressed her enthusiasm for this approval considering it a significant milestone. She emphasized that this endorsement enables the platform to serve a range of customers in the region including retail consumers, institutions and developers.



Murugesan also highlighted the increasing clarity and guidance provided by countries regarding cryptocurrencies. In the year alone Coinbase has made notable progress in


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