Taking Crypto Risk: $14-Billion Spanish Bank Seeks Success With New Fund

2023-7-27 14:11

Spanish bank A&G, known for its specialization in private banking services, took a big step by introducing the maiden crypto fund to be regulated under Spanish law. Boasting an impressive portfolio with assets under management reaching a staggering 12.

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spanish bank crypto under fund law regulated

Источник: bitcoinist.com

spanish bank → Результатов: 54


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Spanish crypto exchange Bit2Me acquires Peruvian exchange Fluyez

Bit2Me, the first crypto exchange recognized by the Bank of Spain as a virtual currency service provider, announced it has acquired Fluyez, the first Peruvian cryptocurrency exchange company. Fluyez, which has the endorsement of the Peruvian Fintech Association; has only been present in the domestic market for a little over a year, and has already […] The post Spanish crypto exchange Bit2Me acquires Peruvian exchange Fluyez appeared first on CryptoNinjas.

2022-7-23 00:23


Binance получила лицензию провайдера цифровых активов в Испании

Криптовалютная биржа Binance получила лицензию провайдера услуг на рынке цифровых активов в Испании. Подразделение Moon Tech Spain зарегистрировал ЦБ страны. Hola Espana! 🇪🇸#Binance has been granted registration as a Virtual Asset Services Provider (VASP) for its Spanish subsidiary by the Bank of Spain.

2022-7-8 16:00


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Spain: Ruling Party Proposes the Creation of a National Digital Currency

The Spanish are now showing interest in joining the central bank digital currency (CBDC) bandwagon. Spanish Political Party Proposes CBDC According to a report by Spanish newspaper El Economista, the Spanish Socialist Party (PSOE) – the governing political body in Spain – has proposed the creation of a Spanish CBDC. For the uninitiated, the PSOERead More

2021-6-30 17:00


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Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor

A Spanish professor and economist stated that cryptocurrencies have brought out the “obsolescence” of central banks, although their capitalization is still “very insignificant.” Crypto Is Not Only About the ‘Speculative Noise’ Pablo Agnese, an economics professor and lecturer in the Department of Economic and Business Organization at the Universitat Internacional de Catalunya in Barcelona (UIC […] The post Cryptocurrencies Prove Central Bank Models Are Obsolete, Says Professor appeared first on Bitcoin News.

2020-12-4 14:20


Santander’s Ethereum-based ‘bond issuance’ may have problems handling securities on blockchain

Banco Santander, a major Spanish bank announced on 12th Sept this month, that they have issued the first end-to-end blockchain bond. The institution revealed that it had issued a $20 million bond that is directly integrated on to the Ethereum blockchain and operations will continue on it until it reaches one-year maturity.

2019-9-23 20:30


Santander To Provide Remittance Services To Its Latin American Customers Using Ripple Backed Solution

Santander Group, a major Spanish bank wants to expand its use of One Pay FX solution to enable its customers in Latin American countries send money to the U. S. According to the bank, Ripple’s remittance service will allow customers in these countries to send feeless payments instantly, reports Coindesk on August 19, 2019.

2019-8-20 22:50


The First Crypto Physical Backed ETF Will Not Be BTC, but Aidos Kuneen (ADK)

Aidos Kuneen (ADK) is founded by Ricardo Badoer, a man who owns shares in banks and is a member of the Bank Board in Kenya Sumac Microfinance and Hakika Microfinance from Tanzania. Besides investing in the banking sector, he owns two soccer clubs, the Spanish CD Ursaria, and Kenya FC Wazito, and through his company, […] The post The First Crypto Physical Backed ETF Will Not Be BTC, but Aidos Kuneen (ADK) appeared first on NullTX.

2019-2-27 23:00


Spain’s BBVA Bank Leverages Blockchain To Finalize A $150 Million EUR Loan With Porsche Holding

Major Spanish Bank BBVA Uses The Blockchain To Close $150 Million EUR Loan With Porsche Holding Banco Bilbao Vizcaya Argentaria (BBVA), the second largest bank in Spain, has recently closed a $150 million USD loan deal with Porsche Holding, the largest car distributor in Europe and used the blockchain technology to secure the transactions. This […]

2018-12-14 20:40


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Cryptocurrency Bank Revolut Faces Heat For Abusive Recruitment Activities

Revolut, a digital banking alternative is recently experiencing a bit of trouble from Spanish Community for their abusive recruitment activities. According to an article published by ElDiario on October 21, 2018, the fintech bank is implementing unfair hiring activities, resulting in Revolut gaining free work from people looking for employment.

2018-10-27 17:00


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Payments Platform Wirex Launches Iban for Spanish and French Users, Doubles Account Limits

Wirex on Friday announced it had introduced International Bank Account Numbers (Iban) on its Euro accounts for customers in Spain and France. The bitcoin and cryptocurrency wallet firm also doubled account thresholds for users within the 31-member European Economic Area (EEA) to between $18,560 and $20,000, meaning customers can credit their accounts by that much.

2018-9-29 06:25


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The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub

Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech […] The post The Daily: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub appeared first on Bitcoin News.

2018-9-19 11:55


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Spanish Central Bank Backs Cryptocurrencies in New Report

Central banks around the world have had hawkish, unfavorable views towards cryptocurrencies. However, the Spanish Central Bank, Banco de Espana (BDE), stands as a striking contrast. The regulator has released a report in which it states that the use of digital currencies, especially when there is a digital version of the state currency, will help in […] Spanish Central Bank Backs Cryptocurrencies in New Report was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-7 19:29


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Spain reportedly six months ahead of 2026 MiCA deadline

In an Oct. 26 announcement, the Spanish Ministry of Economy and Digital Transformation shared that the Markets in Crypto-Assets (MiCA) Act will come into force on a national level in December 2025, six months earlier than scheduled.

Binance’s EUR Trading Volume Crashes To 3-Year Low, What Happened?

In October 2023, EUR-denominated weekly spot volume on Binance, a top cryptocurrency exchange, fell to $160 million, an 88% drop from $1.3 billion recorded seven months earlier in March 2023. At this level, EUR trading volume on the besieged exchange is at a three-year low, pointing to how consequential the decision by regulators to crack down on […]

Bitnovo reveals Spain’s rapidly increasing crypto adoption

Spanish cryptocurrency company Bitnovo conducted research to understand how Spanish citizens see cryptocurrency growth in the country. The adoption of cryptocurrency in Spain is growing rapidly. According to data provided by Statista, Spain ranks 22nd internationally in cryptocurrency adoption, with…