With a robust regulatory framework, favorable economic conditions, and a supportive business environment, Spain offers a compelling proposition for VASPs seeking to expand their global reach.

Spain’s approach to VASP regulation strikes a balance between fostering innovation and safeguarding consumer interests. The Bank of Spain, the country’s central bank and financial regulator, oversees VASP activities, ensuring compliance with anti-money laundering (AML) and counter-terrorist financing (CFT) regulations. This commitment to transparency and financial integrity establishes Spain as a reputable jurisdiction for VASPs.

Key advantges:

• Favorable Regulatory Environment: Spain’s regulatory framework for VASPs is clear, well-defined, and supportive of innovation, providing a predictable and stable environment for businesses to operate.
• Strong Financial Infrastructure: Spain boasts a well-established financial sector with a deep pool of experienced professionals and a robust infrastructure to support VASP operations.
• Access to the EU Market: Spain’s membership in the European Union (EU) provides VASPs with access to a vast market of over 450 million potential customers.

Get in touch with us to learn more about becoming a VASP in Spain