Share Post
      

Portugal’s Central Bank Issues First Crypto License

Portugal’s Central Bank issues first crypto license

Banco de Portugal has issued the country’s first crypto license to an entity owned by a bank, allowing Bison Bank to act as a Virtual Asset Service Provider.

RELATED POST:  How Naira Ended the Week Against Dollar

This means the Hong Kong-based private capital group will be able to offer custodian and crypto trading services.

RELATED POST:  NYSC certificate saga: Why Peter Mbah cannot escape the wrath of the law

The move follows the first-ever full VASP license issued last month to Portugal-based crypto payments firm Utrust, and three exchanges given licenses last summer.