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Spanish Regulator Green-lights Institutional Crypto Investment
14.5.2021
Spain’s market regulator has announced that it will allow firms operating funds to make crypto investments – but only under certain conditions.
Per El Economista, the National Securities Market Commission (known locally as the CNMV) has published a new set of guidelines for institutional investors....
Spanish stock exchange ready to test blockchain-based SME financing system
14.5.2021
The Spanish stock exchange is moving forward with further tests of its planned blockchain-based system to finance small- and medium-scale enterprises
El Corte Ingles Files for a Crypto-Related Trademark to Provide ‘Financial Services’
11.5.2021
El Corte Inglés, the biggest department store group in Spain, seems to be entering into the cryptocurrency sphere. After filing for a related trademark with the Intellectual Property Office of the European Union, they have registered “Bitcor”. Trademark Is a ‘Preventive...
Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries
5.5.2021
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...
An Ambitious Spanish Man Offered His Parking Space for Bitcoin
4.5.2021
Source: Adobe/Björn Wylezich
A small section of Spaniards is slowly seeking to turn its backs on fiat in favor of crypto for real estate transactions – with the owner of a parking space in A Coruña, a city in the Spanish province of Galicia – the latest to seek a bitcoin (BTC)-powered sale.
The...
Spanish Healthcare Group to Accept Cryptocurrency Payments, Citing Interest in ‘Bitcoin Revolution’
4.5.2021
Cryptocurrency regulation is still an ongoing topic for the Spanish government and regulators, with some not too friendly measures against crypto ads or enhancing tax rules. However, adoption is on the rise in different industries, and the healthcare sector is joining the frenzy. Patients Could...
Two Major Hotels in Touristic Spanish City to Accept Crypto Payments in the Wake of Covid-19 Crisis
24.4.2021
Sevilla is becoming a crypto-friendly city in Spain at a fast pace, with two prominent local hotels announcing they will start accepting crypto payments. Hotel Bécquer and Hotel Kivir have joined the crypto adoption bandwagon by allowing customers to book rooms with digital assets. Hotels Will...
National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar
23.4.2021
The investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120...
Spanish Tax Authority Issues 14,800 Warning Letters to Cryptocurrency Holders
13.4.2021
Spanish authorities are enforcing their tough stance on the cryptocurrency industry, and the national tax agency seems to be taking it very seriously. Now, the Hacienda issued 14,800 warning letters to Spaniards under their watch for allegedly having failed or need to declare crypto holdings. Fines...
Spanish Travel Compensation Firm Signs Deal With Domestic Exchange to Reimburse Travelers With Cryptos
9.4.2021
Spanish travelers will soon be available to fill out claims for incidents related to airline delays, baggage losses, overbooking, among others, and be compensated with cryptocurrencies. The possibility is now a reality thanks to a partnership between a domestic crypto exchange and an airline...
This Spanish AR NFT Campaign Will Give You Pokémon Go Flashbacks
8.4.2021
Source: Adobe/Savvapanf Photo ©
If you thought you’d read all there was to possibly read about non-fungible tokens (NFTs), think again, because a Spanish platform giving out hundreds of USD worth of crypto to Pokémon Go-style augmented reality (AR) hunters – as part of a plan to sell NFTs.
Per...
Spain Is ‘Close’ to Regulating Crypto-Related Ads in the Streets, Says CNMV President
1.4.2021
Spanish financial authorities don’t seem to be happy with the massive crypto-related advertising campaigns deployed across Madrid’s streets. The National Securities Market Commission (CNMV) is rushing to approve a regulation on such ads that promote bitcoin in Spain. Proposal Comes...
Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons
30.3.2021
Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. Bitcoin Is an ‘Opaque’ Currency, Martín Says...
Domestic and Foreign Buyers Acquired a ‘Tokenized’ Apartment in a Spanish City by Paying With Ethereum
26.3.2021
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...
Spanish Propery Experts: Interest in Bitcoin-powered House Buying Rising
19.3.2021
Spanish experts have spoken about the legal and practical issues involved with buying a house in bitcoin (BTC) as interest in the most popular cryptocurrency – and crypto in general – rises in the nation.
Per El Economista, Emiliano Bermúdez, the deputy director-general of the real estate trading...
Spanish Ministry of Economy Proposes to Create a Financial Customer Ombudsman for Crypto-Related Matters
13.3.2021
Crypto regulation in Spain remains on the political talks amid the current bull-run seen in the bitcoin prices. Now, the country’s Ministry of the Economy is about to create a new Financial Customer Ombudsman for crypto-related matters. Independent Financial Customer Body Will Abide by...
Spanish Real Estate Agency Begins Accepting Bitcoin Payments for Properties in the Canary Islands
11.3.2021
Crypto adoption keeps spreading among the real estate industry in Europe, specifically in Spain. Recently, a leading agency in the Canary Islands announced it would start accepting cryptocurrency payments. Firm Praises Bitcoin’s Decentralized Nature According to Digital Sevilla, Piso Barato...
Spanish Court Orders the Investigation of Possible ‘Computer Fraud’ on Bittrex Exchange After a User Loses 1.3 BTC
1.3.2021
A Spanish Court has issued an order compelling a division within the country’s police to investigate the possible existence of “computer fraud” on the Bittrex cryptocurrency platform. The order was issued following the filing of a complaint by a Tenerife based Bittrex user...
Investment Firm Launches the First ‘Crypto Hedge Fund’ in Spain- Plans to Expand Across Europe, Latin America
27.2.2021
In Spain, an investment company has begun to promote what they called the “first crypto hedge fund.” The product has been registered in Malta by Avenue Investment Crypto, headed by a crypto advocate, Martin Huete. Investments Allocated Mainly in Bitcoin and Ethereum According...
Spanish Bittrex Customer Says Exchange ‘Allowed’ Theft of His Bitcoin
27.2.2021
A Spanish court has given the Tenerife police permission to look into the case of an alleged Bittrex customer who claims the crypto exchange is at fault in the case of the “theft” of around USD 62,000 worth of bitcoin (BTC).
The Tenerife branch of the national police cybercrimes unit is...