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Bit2Me Will Be The First Exchange In the World Officially Recognized by the Banco De Espana

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(Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. Every investment and all trading involves risk, so you should always do your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.)

The Bank of Spain has just approved BIT2ME to be the first official crypto exchange of Spain. Bit2Me will be the first provider officially recognized by the Banco De Espana.

 

Translated from Spanish the tweet reads “Bit2Me is the FIRST EXCHANGE IN THE WORLD recognized by the @BancoDeEspana . 🙌

A new milestone for the sector #cripto that demonstrates our progress and that of the entire ecosystem.”

This gives Bit2Me the ability to provide banks in Spain a white-label service that will allow the trading of cryptocurrencies on their platforms. According to Coindesk  Bit2Me is already having discussions with several large banks in Spain. Bit2Me is now recognized for complying with all “the requirements of commercial and professional honorability established for credit institutions and with the regulations for the prevention of money laundering,”

This offers credibility to many of the coins they carry with being recognized by the Bank of Spain. Many of you already know but popular Crypto Coins on their network include Bitcoin, Ethereum, DogeCoin, Cardano, and of course the Shiba Inu Token. Daily steps are being taken by governments around the world to recognize Crypto and as time goes on we will see many of the top coins become a staple in spending around the world.

 

 

 

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