Portugal Central Bank Issues Country’s First Crypto License

Portugal’s Central Bank, Banco de Portugal, has granted Bison Bank the first cryptocurrency bank license in the country.

According to Portuguese local news site Sapo on April 14, Banco de Portugal, Portugal’s authority for virtual asset service providers (VASP), has granted Bison Bank a license to become the first crypto bank in the country.

According to the news, Bison Bank has launched Bison Digital Assest, where it will run cryptocurrencies custody and cryptocurrency trading services. Also, the bank can expand its services in line with the demands stated.

Bison Digital Assest will be audited by the central bank within the scope of anti-money laundering and counter-terrorism.

Crypto payment company Utrust to operate as a virtual asset service provider License from the Central Bank of Portugal had received.

Crypto Payments Company Utrust Gets Operating License From Portugal Central Bank

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Russia’s largest bank Sberbank licensed from the Central Bank of Russia (CBR) to issue and exchange digital assets you received had explained.

Russian Central Bank Grants “Digital Asset License” to Sberbank

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