Crypto.com Approved to Operate in Spain
Crypto.com, a crypto exchange, has registered as a virtual asset service provider with the Central Bank of Spain. This registration allows Crypto.com to offer various goods and services to customers in Spain. It also comply to stric rules, including anti-money laundering directives and other financial crime prevention laws, ensuring user protection and safety. By obtaining […]
Spanish officials issue warning on several crypto- and financial market-related businesses for illicit services
A warning was issued by the National Securities Market Commission of Spain against 12 firms crypto and financial market-related businesses for not being properly registered to provide investing services. Regulators from all around the world are continuing to apply pressure to cryptocurrency businesses on a regular basis. In Spain, the National Securities Market Commission (CNMV) […]
Spain approves new overseas crypto declaration law
Spaniards have been required to reveal their foreign crypto assets in order to combat crypto-related fraud, this was made known in a contentious new law approved by the Spanish parliament. According to the Ministry of Finance, the law bringing crypto into the much-maligned Modelo 720 system has passed the final barrier and obtained approval from […]