of customers to Bitcoin (BTC) and to cryptocurrencies based in Portugal in line with its interest and demands Bison Bank received the crypto license from the country’s regulators.
which is the body responsible for registering virtual asset service providers in Portugal. “Banco de Portugal (Portuguese Central Bank)“Gives Bison Bank the first crypto license in the country.
According to local news outlet Sapo, Bison Bank conducts activities related to digital assets and cryptocurrency exchange to work as Bison Digital Assets It will set up a special and new section.
Bison Digital Assets will be the first bank-owned institution in the country to be authorized by the regulator, the Central Bank of Portugal, to offer crypto trading and custody services.
Bison Digital Assets, which is reported to target high-value institutional investors, is currently cryptocurrency It has not been announced that it will provide services for the units.
Portugal’s regulator, the Central Bank of Portugal, previously granted a crypto license to crypto payments company Utrust. However, the license obtained by Bison Bank is obtained by a bank in the country. first cryptocurrency service licenseIt has I feature.
In Portugal, which has adopted a friendly approach to the cryptocurrency industry cryptocurrency exchanges or any crypto-related company must obtain a license from the authorized institution to operate.