European Expansion: CEX.IO Launches Spain Hub, Gets VASP License

Описание: EU

Europe

Spain

The exchange’s internal data showed that in Q1 2025, wallet transaction volume among Spanish users surged by 94% quarter-over-quarter, while spot trading volume jumped by more than 340%.

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Sead Fadilpašić

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Sead Fadilpašić

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Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

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Crypto exchange CEX.IO has announced the launch of its brand new operational hub in Spain, moving deeper into the European market.

According to the press release, the exchange has obtained a Virtual Asset Service Provider (VASP) registration from the Bank of Spain in July 2024. Before opening this new entity, CEX.IO served its Spanish users through the existing Lithuanian entity.

Therefore, this is the company’s second entity in Europe. It will enable the team to offer “a localized experience” and, with it, grow its presence in Spain.

Furthermore, the move also enables CEX.IO to expand its footprint in the region in general.

The platform allows buying and selling crypto, spot trading, staking, and savings. The supported payment methods include card transactions and SEPA (Single Euro Payments Area) to deposit funds, as well as SEPA to withdraw assets.

Eduardo Marin, CEX.IO Managing Director in Spain, said that...

https://cryptonews.com/news/cex-io-ex...

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