The Central Bank of Portugal, bancodeportugal, granted the country’s first license to a bank, Bison Bank, to operate as a virtual asset service provider. marinalammertyn reports
Bison Bank will create a special business division, Bison Digital Assets, to operate as a virtual asset exchange, according toThe division is the first entity in Portugal owned by a bank to be authorized by Banco de Portugal to offer custodian and crypto trading services.
Bison Bank provides wealth management, depositary and investment banking services to individuals and institutional clients,, a Portugal-based on-chain crypto payments firm., Criptoloja and Mind The Coin, to operate as VASPs. The bank also granted a crypto exchange license to Luso Digital Assets.
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