According to ChainCatcher, Spanish cryptocurrency trading platform Bit2Me said it has obtained approval from the Argentine National Securities Commission (CNV) to become a virtual asset service provider (VASP).

In March, the CNV opened registration for virtual asset service providers, a requirement for companies in the sector looking to do business in the country. So far, 79 companies have been approved, according to an official list provided by the CNV.

According to previous news, on June 15, 2023, Bit2Me completed a US$15 million financing round, led by Investcorp, with participation from Telefónica Ventures, the investment department of Telefónica, the largest telecommunications company in Spain, Stratminds VC, Cardano and YGG Fund.