Spain to Share Data of Users From Domestic Crypto Businesses With European Un...
The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns With the European AMLD5 Policies According to the decree published in the state official newsletter, Spanish laws now follow the directive 2018/843, commonly known as AMLD5. Specifically, crypto exchanges and custodial firms must share customers’ data with the whole European bloc. That said,....
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Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. The European country of Spain is officially home to the third-largest network of Bitcoin (BTC) and cryptocurrency ATMs after the United States and Canada. Spain currently hosts 215 crypto ATMs, pushing El Salvador — wi 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs. Data from CoinATMRadar confirms that Spain represents 0.6% of the global crypto ATM installations.Crypto ATM distribution....
The government of Spain has announced it will issue a series of grants and aid for metaverse-related developments. The individuals and companies interested in receiving these grants will have to be based in the European Union or Spain and present a plan, and meet a series of requirements, to be considered. The first batch of grants will be dedicated to the gaming and entertainment sector.
Spain Acknowledges Relevance of the Metaverse
Countries from all over the world are now considering the metaverse and its related technologies as important developmental pillars for the future.....
Per a report from local news media Ara, Spain will tighten its approach to crypto and digital assets. The European country repeatedly has one of the largest populations of crypto investors in the region and will seek to implement new regulations to, as per usual, “protect them”. Related Reading | Harmony Protocol Succumbs To DeFi Exploit, […]
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According to El Correo Web, the Spanish crypto exchange Criptan and the investment firm Rental IT arranged the transaction of the property, tokenized by the real estate company. The media outlet specified the tokenization — split into several tokens and digitalized through a blockchain — was done....
Cryptocurrency exchange Coinbase has revealed its plan to expand in several European markets. The company is reportedly in the process of registering a crypto exchange in Spain, France, Italy, and the Netherlands.
Coinbase Expanding in Europe
Coinbase Global Inc. (Nasdaq: COIN) is reportedly planning to expand operations in Europe, Bloomberg reported Wednesday, citing an interview with Nana Murugesan, Coinbase’s vice president of International and Business Development.
Noting that Coinbase is focused on growing its presence in Europe, the executive revealed....