BVNK: Acquires EMI licence
- BVNK, London-based crypto-powered payments and banking platform for businesses
- Secured a UK Electronic Money Institution license through the acquisition of SPS
- The FCA has approved the deal – terms of which were not disclosed – which will enable it to broaden its product offering
- Mission to bridge the gap between traditional and digital finance to offer merchants a modern payments platform that they can trust
- The multi-currency account lets customers send and receive payments on all major schemes and blockchain networks
- The news comes shortly after the Bank of Spain approved as a Virtual Asset Services Provider
