
Banks in Spain now required to outline 3-year digital currency plans
The Bank of Spain has requested all banks to provide information related to any digital currency plans they have until 2024, claiming it’s purely for research.
The Bank of Spain has requested all banks to provide information related to any digital currency plans they have until 2024, claiming it’s purely for research.
The Bank of Spain announced in June that it would require all virtual asset service providers to register afresh if they want to continue operating in the country.
The Bank of Spain has explained to its customers that cryptocurrencies create a high risk of fraud or theft for which there may be no legal or other types of remedy for consumers.