Golden Finance reported that Bit2Me, a Spanish cryptocurrency exchange platform, has obtained approval from Argentina's National Securities Commission (CNV) to operate as a Virtual Asset Service Provider (VASP).

In March this year, the CNV opened registration for virtual asset service providers, a requirement for companies in the industry seeking to operate in the country. According to the official list provided by the CNV, 79 companies have been approved so far.

Previously reported, on June 15, 2023, Bit2Me completed a $15 million financing round led by Investcorp, with participation from Telefónica Ventures, the investment arm of Spain's largest telecommunications company Telefónica, Stratminds VC, Cardano, and YGG Fund.