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Spain's crypto firms surge 56% growth in 2023 registrations

In 2023, Spain witnessed a 56% surge in registered cryptocurrency firms, with 30 new enterprises obtaining licenses to operate as virtual asset service providers.

Added to Spain's official registry managed by the central bank, this growth, although less than 2022, reflects the evolving crypto landscape.

Notable international platforms like Revolut and Crypto.com joined, but domestic entities, holding 61 out of 85 licenses, still dominate, with notable exceptions like Coinbase and Kraken awaiting inclusion.