Your Daily Digest of Global Stories
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…
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…
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…
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…
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…
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…
Key facts: Bitcoin and ether are the most popular digital currencies in the European country. In the first half of 2024, investors showed interest in memecoins such as PEPE. In recent years, the cryptocurrency market in Spain has attracted an increasing number of investors. The first half of 2024 was marked by a concentration in…
