The Central Bank of Portugal issued a crypto license
The Central Bank of Portugal has issued a license for operations with cryptocurrencies to the local bank Bison Bank. The financial institution became the first of the Portuguese banks to obtain a license as a virtual asset service provider.
The company will create a special division of Bison Digital Assets to operate as a crypto exchange and custodian.
Bison Digital Assets will focus on large clients in line with the parent company’s strategy. The bank will provide deposit and trading services in the field of digital assets.