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Bank of Spain Announces Partners for Wholesale CBDC Trials
[Jan 8 11:00 PM] The Bank of Spain has announced that Adhara, a treasury and transactions payment platform, and a consortium formed by Cecabank and Abanca, two private banks, will be its partners in the development of several upcoming wholesale central bank digital…
Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
[Nov 28, 2023 9:27 AM] A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.
Digital Euro Isn't Pressing, but Work Should Continue: Spanish Central Bank Governor
[Nov 22, 2023 4:11 AM] Europe's "highly efficient" payment systems leave space to address social and financial concerns of a central bank digital currency, Pablo Hernández de Cos said.
Bank of Spain Report: Most Spaniards Don’t Want Digital Euro, 65% Would Not Use It
[Oct 30, 2023 2:30 PM] A recent report issued by the Bank of Spain that inquires about how Spaniards use cash for payments has revealed the low degree of confidence they have in a hypothetical digital euro. 65% of the citizens surveyed reported that they would not use…
Coinbase Successfully Registers With Spain's Central Bank
[Sep 25, 2023 10:18 AM] The firm has registered as a crypto exchange and custody wallet provider.
Coinbase Registers as Crypto Exchange and Wallet Provider in Spain
[Sep 25, 2023 2:30 AM] U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local…
Latin American Crypto Firm Ripio Approved to Operate in Spain as an Exchange
[Jun 27, 2023 2:25 PM] It’s the latest in a number of licenses to crypto companies granted by the Bank of Spain.
Bank of Spain Greenlights Euro-Backed Stablecoin Token Pilot Program
[Jan 23, 2023 1:00 AM] The Bank of Spain has given approval for the launch of a pilot program involving the issuance and usage of euro-pegged stablecoins. The program, which MONEI, a fintech institution, is launching, will allow users to issue digital euros with fiat…
Spanish Airline Vueling to Accept Cryptocurrency as Means of Payment
[Jan 17, 2023 6:30 AM] Vueling, 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…
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets
[Dec 19, 2022 9:30 AM] The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypto asset classes, including tokenized real assets…
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program
[Dec 8, 2022 6:30 AM] The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this new program has no relation with the current…
Spain’s central bank to experiment with wholesale CBDCs
[Dec 8, 2022 12:42 AM] The Bank of Spain said the study can help determine to what extent it can adapt to the "needs and demands of an increasingly digital society.”