Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is deeply shocked by the catastrophic floods that have devastated Valencia and other regions of Spain. The magnitude of the damage is immense, with more than 200 people dead, thousands displaced from their homes, and widespread damage to infrastructure. The economic cost of flooding is estimated … Read more
Regardless of whether the president delivers or not, bitcoin adoption is expected to advance. Beyond the price rise, they do not believe that including BTC in US reserves will affect Bitcoin. “Trump’s speeches on Bitcoin have actually been quite ambiguous.” It is the first sentence with which the Spanish cryptocurrency taxation expert, José Antonio Bravo, … Read more
“Every satoshi will go towards helping those who lost so much in this catastrophe,” the page says. Donations in sats are made directly to the NGO Admundi. In response to the devastation caused by DANA in Valencia, Spain, the Help Bitcoin website was created, through which donations in bitcoin (BTC) were enabled to assist the … Read more
The CNMV reinforced its teams and launched an information campaign to prepare investors. Despite the new regulation, the institution warns that the risks in the sector persist. Spain and the rest of the countries of the European Union (EU) are preparing for the entry into force of the Regulation for the Cryptoasset Market (MiCA) as … Read more
The fund was registered in the regulatory sandbox of the Spanish Securities Market Commission. For participants, investing in the fund will be the same as in a traditional fund. BBVA Asset Management, the asset management arm of the Spanish banking giant, launched a tokenized fixed income investment fund known as BBVA Token Renta Fija Corto … Read more
A substantial drop in euro stablecoin trading volume characterizes the European Union (EU) market in the last three months. Exactly the period since the entry into force of the rules for stable currencies of the Regulation for the Cryptoasset Market (MiCA). As reflected the statistics From analysis firm Kaiko, the most pronounced effects have occurred … Read more
So far, 128 cryptocurrency companies have authorization to operate in Spain. Several companies have expressed difficulties in adapting to MiCA. On January 1, the regulations to regulate cryptocurrency platforms operating in Spain will come into force. A series of rules that will be applied in the country, based on what is established in the Regulation … Read more
On January 1, 2025, the Regulation for the Cryptoasset Market (MiCA) will come into force in the European Union (EU) and Spanish banks are already getting ready to offer services related to cryptocurrencies. As reported during the Merge Madrid event, which took place in Spain from October 8 to 10, there are several Spanish banks … Read more
Tether CEO, Paolo Ardoino, reported that the company will soon launch a new asset that will adapt to European Union (EU) regulation and that could replace USDT in the region. The announcement is made in a context in which the departure of the popular stablecoin from the EU is expected. This, as a consequence of … Read more
The Spanish Council of Ministers approved, in a first round, a draft law that requires a series of changes to the tax laws that apply to the cryptocurrency sector. This, as part of the process of transposing the country’s laws to the new European Union (EU) directives. The proposed law, which establishes reporting obligations on … Read more