1. Home
  2. Bank of Spain

Bank of Spain

Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users

Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition, the platform erased its presence from social media, […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still Missing

Bank of Spain Has Registered 17 Crypto Companies, Big Names Still MissingThe Bank of Spain has already included 17 virtual asset service providers in its own registry, in which cryptocurrency exchanges and custody providers must be listed to operate, according to Spanish law. Three new companies were included last week, but big names in the crypto ecosystem are still not registered. Bank of Spain Crypto Registry […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’

Governor of Bank of Spain: Crypto Markets Are ‘Bigger Than Subprime Mortgages Before the Financial Market Crisis’Pablo Hernandez de Cos, governor of the Bank of Spain, has again warned about cryptocurrencies and the growth that the crypto market is experiencing. Hernandes de Cos stated that, while the market is still relatively small at a worldwide level, the cryptocurrency market is now bigger than subprime mortgages before the financial crisis circa 2008, […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto

Bank of Spain Governor Highlights Need for Fast Regulation in Defi and CryptoPablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial instability. Hernandez de Cos also mentioned how this swift approach should bring the crypto financial system into […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives

Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency DerivativesThe Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain. Spanish Securities Regulator Sets Eyes on Binance The CNMV, which is the […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability

Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial StabilityThe Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind of support behind them — […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases

Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain CasesThe Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there are suspicious circumstances involved, such as those related to […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country

Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the CountryThe deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Ombudsman Receives Complaints About Crypto Investments in Spain

Ombudsman Receives Complaints About Crypto Investments in SpainThe Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU has […]

Bitwise files Form S-1 for spot Solana ETF with SEC

Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets

Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto AssetsThe Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial institutions. De Cos also stated that while […]

Bitwise files Form S-1 for spot Solana ETF with SEC