Karbon-X opens Spanish EU ETS registry account to trade carbon allowances directly in Europe's compliance market
uk.finance.yahoo.comKarbon-X Corp. has set up an EU ETS Registry Account in Spain after getting approval from the country's climate change office. The account lets the company hold, receive, transfer, and manage European Union Allowances directly within the Union Registry. This gives Karbon-X more control over its EU ETS trading and helps it serve clients who need to meet compliance obligations under Europe's cap-and-trade system. The EU ETS is the largest multinational carbon market in the world. Having a Spanish registry account means Karbon-X can transact directly instead of going through intermediaries. The company says this is part of a broader push to build out its European regulatory infrastructure and offer more services to compliance market participants. For anyone watching carbon market infrastructure, this is a concrete step in how mid-size players are positioning themselves in the EU ETS space.
