Tag: banco de Portugal

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Dozen Crypto Companies Await Portugal License Despite Bank Account Closures

August 8, 2022

The central bank of Portugal is now reviewing 12 requests from businesses that want to provide crypto-related services in the country. The applications are pending decision amid recent reports that some commercial banks are closing accounts of already approved operators. Binance Among Cryptocurrency Platforms Seeking Authorization in Portugal Portugal’s monetary authority is currently evaluating…
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Portuguese regulator grants first crypto license to a bank

April 15, 2022

Bison Bank will offer its digital asset services to high net worth individuals, becoming the first banking institution in the country authorized to do so. Portuguese based bank Bison Bank has received permission from Portugal’s Central Bank (Banco de Portugal) to operate as a “virtual asset service provider ”(VASP), making the first bank in the…
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