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The Comisión Nacional del Mercado de Valores (CNMV) has announced the removal of Binance and other registered Virtual Asset Service Providers (VASPs) from its grey list. The updated list was published on the CNMV's official website on January 15.
According to the Comisión Nacional del Mercado de Valores (CNMV), the grey list identifies entities operating in Spain without regulatory authorization or registration. The list serves as a reference for unregulated entities and does not imply misconduct or noncompliance. It is compiled through online and social media analysis and is updated as regulatory frameworks evolve.
According to the European Securities and Markets Authority (ESMA), the removal from the grey list follows the implementation of MiCA (Markets in Crypto-Assets) regulations within the European Union. MiCA establishes a framework that provides regulatory recognition for VASPs during a transitional grandfathering period. This framework ensures that entities meeting compliance standards are distinguished from those without proper authorization.
