Tag: Bit2Me

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Bit2me Secures Virtual Asset Service Provider License in Argentina

Bit2me, a leading Spanish crypto exchange, has secured approval as a Virtual Asset Service Provider (VASP) from Argentina’s National Securities Commission (CNV) on September 13, 2024. This authorization aligns Bit2me with local regulatory standards, providing confidence to both investors and Argentine financial institutions. The move is part of Bit2me’s broader strategy to expand its presence…
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Spanish Crypto Exchange Bit2Me Raises $15 Million for Expansion in Spain and Latin America

Bit2Me, a prominent crypto exchange based in Spain, has successfully raised €14 million in funding to strengthen its position within the Spanish market and expand its operations into Latin America. The exchange announced the news on its blog, sharing that the funding round was led by Investcorp, a global manager of alternative investment products for…
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Spanish Crypto Exchange Bit2me Won’t Absorb 2gether Customers Due to Internal Discrepancies

Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having declared it could no longer provide…
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Bit2Me to onboard 100k blocked crypto investors from 2gether exchange

On July 10, Spanish cryptocurrency trading platform 2gether shut down its free trading services, citing its inability to justify its related operational costs due to crypto winter. Following a recent agreement between the two crypto exchanges, Bit2Me announced plans to onboard 2gether’s 100,000 crypto investors, who were recently blocked from trading due to the exchange’s…
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Spanish Crypto Exchange Bit2me to Rescue 2gether Customers After Account Block

Bit2me, a Spanish cryptocurrency exchange, is looking to absorb customers of 2gether, another Spanish exchange, after the company blocked access to its trading platform. Bit2me will pay the €20 fee that 2gether imposed on its customers to continue trading on its platform. The customers will be able to keep trading on Bit2me’s platform, having their…
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Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives

The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain. Spanish Securities Regulator Sets Eyes on Binance The CNMV, which…
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Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil

The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims to successfully tackle the 20-million-customer market in the…
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Bank of Spain Approves Its First VASP License

The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service provider (VASP). While this is…
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