News
Spain’s second-largest lender will allow its clients to buy, sell and manage cryptocurrencies on its mobile banking app.
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Spain News
Spain, officially the Kingdom of Spain, is a European country on the Iberian Peninsula. Spain is the fourth-largest country in Europe and the second-largest in the European Union. Spain’s highly-developed economy benefits from renewable energy, modern technology, manufacturing, textiles, tourism and agriculture — among others.
The Spanish government exercises caution in the realm of cryptocurrencies, prioritizing investor and consumer rights. Cryptocurrencies are not considered legal tender, emphasizing Spain’s protective approach. Key regulations, such as Law 10/2010, mandate registration with the Spanish central bank for crypto exchanges and wallet custodians.
Law 11/2021 enforces reporting obligations, ensuring transparency regarding digital currency ownership and transactions. Additionally, Spain plans to implement the European Markets in Crypto-Assets Regulation (MiCA), pioneering a stable regulatory framework by December 2025. This decision accelerates the process, reducing the implementation period by six months. This proactive approach aims to establish legal certainty and safeguard investors in the evolving crypto market.
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A search of the apartment in the Spanish town of Estepona where the broker was held by the kidnappers uncovered two firearms, knives, drugs and over $10,000 in cash.
2920 - Interview
About 70% of 300 Bitcoin art pieces were sold during the Bitcoin “Art of Revolution” exhibition’s five-week stint at the Artevistas Gallery in Barcelona’s Gothic Quarter.
2428 - News
Global Bitcoin ATM network shrinks by 334 machines in under 40 days, with the US and Europe seeing the most significant reductions.
10831 - Newsletter
The former United States president is intensifying his cryptocurrency advocacy as part of his 2024 presidential campaign.
5857 - News
Early crypto investor Roger Ver, known by many as “Bitcoin Jesus,” was granted bail in Spain but still faces extradition to the U.S. for tax fraud charges.
5218 - News
Worldcoin agrees to suspend activities in Spain until the end of the year or until a resolution is reached by the German data authority in ongoing data protection investigations.
2363 - Opinion
An April report revealed that Proton Mail assisted Spanish police with locating one of its users, leading to questions about its guarantees of privacy.
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Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.
2246 - News
OpenAI is partnering with Le Monde and Prisa Media to provide French and Spanish news content to ChatGPT, aiming to improve user access to real-time information and enhance the training of its large language models.
6360 - News
Sam Altman’s company will have to freeze its operations in Spain for the next three months.
7326 - Newsletter
The world’s largest crypto exchange continues to grapple with ongoing legal challenges, particularly in the United States.
10792 - News
After hitting 1 million daily users on WorldApp, Worldcoin is running into regulatory roadblocks.
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The list contains several crypto firms among companies trading without the correct licenses.
2776 - News
Microsoft continues its European investment spree by announcing a $2 billion investment in Spain to expand its AI and cloud infrastructure and build data centers.
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