Crypto payment company Utrust has obtained a license from the Central Bank of Portugal to operate as a virtual asset service provider.
Utrust co-founder and chief strategy officer Nuno Correia, on Wednesday, March 16 In a statement to Coindesk, the company plans to operate as a virtual asset service provider in the country. Portuguese Central Bankfrom licence He said he got it. Correiaaccording to Utrusthas been authorized by the bank to date One full license covering all categories given.
First time June cryptocurrency exchanges in critology and Mind The Coinlicensing by recognizing and licensing as a virtual asset service provider Portuguese Central Bankearlier France, England and Spain including in 36 countries registered Luso Digital Assets was given a crypto exchange license.
license, companies fiat currencies-digital assets between and digital assets It provides exchange services between In addition, according to an official document issued by the bank, a company transfer virtual assets between wallets and to provide virtual asset custody services allows.
The company currently Estonia‘in, Portugal and of the European Union allowing it to provide services in the remainder a crypto service provider license exists. However Correiaas the company has been issued by a central bank in the last few months to partners and to customers more It plans to start operating in these regions with its new license that provides assurance. told.
Utrustin January From the WebAssembly (WASM) virtual machine tier-1 smart contract platform that leverages Elrond was purchased by