Cryptocurrency exchange Blockchain.com has announced that it has been registered as a virtual asset service provider in Italy.
In February, Italy formed a special registry with its brokerage regulator to list crypto operators, with a stable presence in the country, that have met certain requirements.
Blockchain.com is one of the many exchanges that has recently been granted approval to operate in Italy.
Blockchain.com can now offer crypto and digital wallet services to institutional investors and Italian residents, according to the statement on Thursday, August 5.
“This registration strengthens our position to offer services across Europe”, Blockchain.com said.