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Spain Prepares to Expand Offer of Gold Bullion Coins for Investors

Spain Prepares to Expand Offer of Gold Bullion Coins for InvestorsThe government of Spain has approved the resources for a new issuance of gold bullion coins, which will be directed to satisfy a higher estimated demand for these instruments. The Spanish National Coin Factory will purchase 40 million euros in high-quality gold pieces for this batch, a significantly higher amount of gold compared to the […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment

Spanish Airline Vueling to Accept Cryptocurrency as Means of PaymentVueling, a low-cost Spanish airline, has announced it is exploring the functionality of blockchain and NFT (non-fungible token) technology to accept cryptocurrency as a means of payment for its services. The company enlisted the aid of Criptan, a registered Spanish cryptocurrency exchange, and aims to open this payment option for users by Q3 2023. Vueling […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency Payments

Spanish Telecom Giant Telefonica Invests in Bit2Me, Pilots Cryptocurrency PaymentsTelefonica, one of the world’s largest telecom companies, has closed an investment in the Spanish cryptocurrency exchange Bit2me. The company, which has been very active in the metaverse space, is entering the crypto payments arena by running a pilot to allow its customers to make payments via its online store Tu.com with an upper limit […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse Initiatives

Spanish Soccer League Laliga Partners With Globant to Support New Web3 and Metaverse InitiativesLaliga, the premier soccer league organization in Spain, has announced a partnership with Globant, an Argentine software giant, to bring Web3 and metaverse experiences to its fans. The partnership will combine Globant’s tech resources with Laliga’s tech division in order to build products to expand the reach of the organization in the digital realm. Laliga […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Soccer First Division Laliga to Be Featured in Decentraland’s Metaverse

Spanish Soccer First Division Laliga to Be Featured in Decentraland’s MetaverseLaliga, the Spanish soccer first division organization, has established a strategic partnership with Stadioplus and Vegas City Limited, two metaverse-related companies, to digitize part of its activities to offer new experiences in Decentraland, an Ethereum-based metaverse. With this move, Laliga aims to bring new fans from all over the world to new experiences in virtual […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil

Spanish Cryptocurrency Exchange Bit2me Expands Operations to BrazilThe Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims to successfully tackle the 20-million-customer market in the […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment Platforms

Spanish Securities Watchdog Calls for Search Engines, Social Network Operators to Stop Promoting Unregistered Investment PlatformsThe CNMV, the Spanish securities regulator, has called for large search engines and social networks to stop offering advertising services for platforms that are not registered to offer investment or financial services. The regulator has also stated that it will take matters into its own hands by promoting regulation on the issue if these companies […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720

Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad. While the antifraud law approved last year established this duty, there are still no rules regarding cryptocurrency after Model 720 was declared to be illegal […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Bank of Spain Approves Its First VASP License

Bank of Spain Approves Its First VASP LicenseThe Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service provider (VASP). While this is […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Spanish Civil Guard Busts Organization Dedicated to Laundering Money With Crypto

Spanish Civil Guard Busts Organization Dedicated to Laundering Money With CryptoThe Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom companies in several countries like Spain, Belgium, Sweden, Germany, […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs