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Maria Muñoz, a Spanish deputy from the country’s Congress, wants to position its country as a reliable alternative to miners that are facing a dire situation in Kazakhstan, after their internet service was suspended, affecting their operative capacity. Muñoz sent a letter to the congress, inquiring about the possible actions that Spain might take to … Read more
The MariCoin project was among 10 projects chosen for the Algorand Foundation accelerator program in November 2021. Go to Source Powered by WPeMatico
While sporting a questionable name, the coin project says it wants to enable a “social and ethical” payment method. Go to Source Powered by WPeMatico
The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 2002. Reports from local media suggest these actions have been taken to reduce costs and to push payment and operation digitalization in the sector. The highest number of ATMs was registered in 2008 when there were 61,714 … Read more
A Binance promotion post by soccer legend Andres Iniesta has so far amassed over 270,000 likes on Instagram. Go to Source Powered by WPeMatico
Santander, a leading financial institution in Spain, is preparing to offer a Bitcoin ETF to its customers in the country. This, while Spanish asset managers have been largely reluctant to embrace crypto products as part of their investment portfolio offerings to customers. Santander Bitcoin ETF in Preparation Santander will be giving the finishing touches to … Read more
Banco de Espana wants to assess the influence that digitalization has on financial services. Go to Source Powered by WPeMatico
All individuals and institutions in the country, including banks, will have to sign up using the new AML registry from the Bank of Spain. Go to Source Powered by WPeMatico
Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply, because banks already comply with anti-money laundering directives derived … Read more
The National Police have issued a warning for a wave of cryptocurrency-related investment scams in Spain. The amount that has been lost in these kinds of investments recently is €240,000 related to just two complaints. However, there has been a rise in the complaints presented by citizens due to the popularity that these financial instruments … Read more